Jamie Dimon Warns JPMorgan Will Reconsider New London HQ If UK Turns 'Hostile' To Banks: 'If That Happens
Dimon said JPMorgan could rethink its new Canary Wharf headquarters if UK tax policy becomes hostile to banks, after the project was set to house 12,000 workers.
7 Articles
7 Articles
JPMorgan could scrap £3billion British investment if Labour veer left
JPMorgan Chase chief executive Jamie Dimon has warned the Wall Street giant could reconsider its planned £3billion London headquarters if Britain adopts what he described as a hostile approach towards banks.The most likely leadership contestants on the left, frequently cited in Westminster speculation, are Manchester mayor Andy Burnham and former Deputy Prime Minister Angela Rayner.Speaking to Bloomberg TV on Tuesday, Mr Dimon said political ins…
Jamie Dimon just joined Ken Griffin in warning that taxes could curb expansion plans
Ken Griffin and Jamie Dimon have said they might reconsider building projects.Getty ImagesJamie Dimon warned that higher UK bank taxes could affect plans for his London headquarters.The bank announced plans for the 3-million-square-foot, multibillion-dollar building in the fall.Ken Griffin has said he's reconsidering a Midtown office expansion amid a tax spat with Mamdani.London's skyline might not get the JPMorgan treatment.JPMorgan CEO Jamie D…
Dimon Says JPMorgan Would Scrap New UK HQ Over Higher Bank Taxes
Jamie Dimon warned the UK that any move to hike taxes on banks in the event Keir Starmer is replaced as the UK’s prime minster would see JPMorgan Chase & Co. scrap plans to invest billions in a new London headquarters in Canary Wharf.
JPMorgan’s £3bn London Dream at Risk as UK Tax Threat Sparks Shock Warning
JPMorgan says it could rethink its London skyscraper project if UK bank taxes rise further.Banking executives fear lenders may become targets for higher levies amid political uncertainty in Westminster.UK banks already face one of the highest tax burdens among major financial centres, industry figures show.Britain’s position as a global financial hub has again come under the spotlight after JPMorgan Chase warned it could walk away from plans for…
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