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Jamie Dimon Warns Bank Taxes Could Threaten Canary Wharf Tower

9/10/2026

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Summary

Story summary

Jamie Dimon warned Chancellor John Healey that raising bank taxes could harm JP Morgan’s £3 billion Canary Wharf tower.
Dimon met Prime Minister Andy Burnham and Chancellor Healey at Downing Street on Wednesday.
Burnham has not ruled out a windfall tax on banks when Healey presents his budget on Oct. 28.
UK banks paid an estimated £43.3 bn tax for the financial year ending March 2025.

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Story summary

Jamie Dimon warned Chancellor John Healey that raising bank taxes could harm JP Morgan’s £3 billion Canary Wharf tower.
Dimon met Prime Minister Andy Burnham and Chancellor Healey at Downing Street on Wednesday.
Burnham has not ruled out a windfall tax on banks when Healey presents his budget on Oct. 28.
UK banks paid an estimated £43.3 bn tax for the financial year ending March 2025.