Category: Banking

JP Morgan boss Jamie Dimon meets UK PM and chancellor to warn against bank tax hike

Wall Street billionaire tells Andy Burnham and John Healey ahead of October budget that hike could put investment at risk, it is understoodJamie Dimon, the chief executive of the largest US bank, JP Morgan, is understood to have...

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JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks

Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in the CityJamie Dimon, the boss of the US bank JP Morgan, has urged John Healey not to use his first budget as chancellor...

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Safe from AI: which jobs will help you thrive in the future?

Experts say there will still be opportunities ahead in everything from teaching to hotels and the lawEntering the world of work often brings some uncertainty, but now there is another question: how can I AI-proof my career?We...

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‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousA rise in borrowing costs and warnings to avoid a “Liz Truss moment”. As Keir...

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Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter An increased windfall tax should be imposed on the UK’s largest banks according to trade union leaders, after...

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City firms bank on ‘savvy’ advertising campaign to push Brits towards investing

The campaign, fronted by a CGI squirrel, is part of government initiative to boost financial risk taking, amid fears UK growth is being stymiedNils Pratley: the ‘Savvy Squirrel looks a hit too tame’City firms are pinning their...

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Anas Sarwar says Starmer welcome to campaign for Labour in Scotland, days after after urging him to resign – UK politics live

Two days ago, the Scottish Labour leader said he wanted the prime minister to avoid Scotland during the election campaign because of his deep unpopularity with votersFamilies of nurses and carers have said they fear being torn...

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