JP Morgan slams Healey for bank tax hike that ‘lacks principle’

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JP Morgan slams Healey for bank tax hike that ‘lacks principle’

JP Morgan has slammed the Labour government for raising taxes on the UK banking sector and said the move “lacks principle”. Wall Street’s biggest bank, which serves over 2.5m UK users through its retail arm Chase, has said it is “committed” to the UK but raised concern over the targeting of the sector in John [...]