General · 4 hours ago
JPMorgan boss warns Prime Minister Burnham against new bank taxes
Jamie Dimon, the chief executive of US bank JPMorgan, met Prime Minister Andy Burnham on Wednesday to discuss a potential windfall tax. Dimon previously warned Chancellor John Healey that higher taxes could risk UK investment and jobs. UK banks are currently subject to a 28% corporation tax rate, exceeding the standard 25%, in addition to a separate surcharge.
Reported by Financial Times · How we write briefs