Update: JP Morgan boss meets Burnham and Healey to warn against bank tax rise

The Guardian — World has reported on “Update: JP Morgan boss meets Burnham and Healey to warn against bank tax rise,” presenting it as the central development in the source material available for this brief.

Jamie Dimon tells UK politicians ahead of October budget that investment could be at risk, it is understood Jamie Dimon, chief executive of the largest US bank, JP Morgan, is understood to have raised concerns about Andy Burnham and his chancellor, John Healey, against raising taxes on banks in his inaugural budget in October. The report also notes that The Wall Street billionaire met the politicians on Wednesday and cautioned them that higher taxes could put investment and employment in the UK at risk, it is understood.

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