JP Morgan boss warns of ‘consequences’ if Burnham taxes banks
JP Morgan Chief Executive Jamie Dimon warned Prime Minister Andy Burnham against raising taxes on banks, suggesting it could jeopardize the bank's planned £3 billion London headquarters in Canary Wharf. Dimon said higher levies could drive investment away from Britain and have "adverse consequences." Banks currently pay a 28 percent corporation tax rate plus a separate balance sheet.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 21 Jul 2026, 07:42 UTC · Updated 21 Jul 2026, 08:00 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- Perth traffic: Peak-hour chaos as police incident shuts Albany Highway
- Breaking: Terence Donovan dies aged 90
- ‘Everyone's afraid to die’: Struggle to recruit soldiers in Ukraine turns violent
- Concerns for lost health services under sale to Calvary
- Salvation Army worker's medication error leads to resident's death
- Wallabies player ratings: How the men in gold performed