Dimon Lobbies Whitehall Against Bank Tax Rise Ahead of October Budget
The JPMorgan chief executive personally called UK ministers to warn that higher levies on financial services would undermine London's competitiveness, in the most senior intervention yet in an escalating industry campaign.
Jamie Dimon has directly warned the UK government against raising bank taxes in the October Budget, part of a coordinated financial services lobbying effort. The intervention crystallises a policy risk hanging over UK-listed lenders and the broader City investment case.
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