JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks
Dimon has a long track record of criticising the UK’s bank tax surcharges. Photograph: ReutersView image in fullscreenDimon has a long track record of criticising the UK’s bank tax surcharges. He said: “While bank profits continue to soar, ordinary working people are paying more in bigger bills and higher mortgage rates.“People are sick and tired of being told they have to tighten their belts while profits, dividends and bankers’ bonuses hit record highs.
- ▪Dimon has a long track record of criticising the UK’s bank tax surcharges.
- ▪Photograph: ReutersView image in fullscreenDimon has a long track record of criticising the UK’s bank tax surcharges.
- ▪He said: “While bank profits continue to soar, ordinary working people are paying more in bigger bills and higher mortgage rates.“People are sick and tired of being told they have to tighten their belts while profits, dividends and bankers’
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| Original publisher | the Guardian |
| Canonical URL | https://www.theguardian.com/business/2026/aug/17/jp-morgan-boss-jamie-dimon-warns-uk-chancellor-windfall-tax-banks |
| Publication time | Mon, 17 Aug 2026 07:55:31 GMT |
| Retrieval time | 2026-08-17T08:31:08.136Z |
| Last seen | 2026-08-17T08:31:08.136Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | None |
| Cluster logic | Not yet clustered, or no peer story found in the clustering window. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Dimon has a long track record of criticising the UK’s bank tax surcharges. Photograph: ReutersView image in fullscreenDimon has a long track record of criticising the UK’s bank tax surcharges. Photograph: ReutersJP MorganJP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banksBillionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in CityLauren AlmeidaMon 17 Aug 2026 04.33 EDTFirst published on Mon 17 Aug 2026 03.55 EDTSharePrefer the Guardian on GoogleJamie Dimon, the boss of the US bank JP Morgan, has urged John Healey not to use his first budget as chancellor to increase taxes on banks’ bumper profits.Speculation has been growing that a windfall tax could be imposed on UK lenders to fund Andy Burnham’s cost of living…
Excerpt limited to ~120 words for fair-use compliance. The full article is at the Guardian.
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