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JPMorgan Chase faces £100m-plus tax bill from Healey raid

Summary by Sky News UK
JPMorgan Chase will pay additional taxes of between £100m and £150m as a result of the corporation tax surcharge hike announced by John Healey in his budget on Wednesday - a bill which could renew doubts about the construction of its new London headquarters.

5 Articles

US bank JP Morgan's plans to establish a new large London office with up to 12,000 employees could be affected by Britain's plans to introduce a special tax levy on banks, Sky reports.

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Sky News UK broke the news in United Kingdom on Wednesday, October 28, 2026.
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