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JP Morgan boss Jamie Dimon warns Chancellor on bank tax

Aug 18, 2026
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City AM

The boss of JP Morgan has issued a bank tax warning to John Healey as the Chancellor gears up to deliver his first Budget in October. Jamie Dimon held a call with Healey where the bank chief emphasised “getting public policy right” as crucial to solving economic problems. City Editor, Simon Hunt, joins to discuss. Meanwhile, a rising star in the Labour party, Henry Tufnell has endorsed a potential U-turn on drilling in the North Sea. The MP for Mid and South Pembrokeshire tells the podcast further oil and gas exploration would be for the benefits of the workers Labour aims to represent. Plus: you've heard of working from home - now we take you inside the boardroom battle in which the Chairman of The Works has been accused of working... from New Zealand. Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam
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