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JPMorgan CEO warns Healey against bank tax hikes

9/10/2026

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Story summary
  • JPMorgan CEO Jamie Dimon will warn Chancellor John Healey against raising bank taxes in October.
  • Dimon will meet Healey on Wednesday to argue higher taxes could jeopardize UK investment and jobs.
  • Healey is reportedly considering a windfall tax on banks and oil firms in his 28 October budget.
  • UK banks pay a 28% corporation tax, above the 25% standard, plus a balance-sheet surcharge.