Dimon urges UK on bank tax limits

Jamie Dimon, CEO of JP Morgan, plans to warn UK Chancellor John Healey against raising taxes on banks in the upcoming October budget, citing concerns that higher taxes could threaten investment and jobs in the UK. The meeting occurs amid speculation of a potential windfall tax on banks and oil companies, with Dimon previously opposing such levies. He has emphasized that further tax increases could have adverse economic effects and has previously lobbied against additional bank taxes in the UK.

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