Reeves’ risky borrowing policies prompt fresh tax hike fears May 20, 2025 Tax hike fears are gathering pace as rising borrowing costs are set to wipe out around half of Chancellor Rachel Reeves’ small £9.9bn headroom, a leading economics consultancy has warned. Reeves made around £14bn in spending cuts at her Spring Statement two months ago but left herself with one of the slimmest fiscal buffers on [...]
Exclusive: JP Morgan’s City of London office vandalised May 14, 2025 JP Morgan’s London office was left in ruin on Wednesday morning after a brutal act of vandalism. Victoria Enbankment staff were met with smashed windows and an assault of red paint across building walls upon reaching their office. Security had cordoned off all entrances to the bank, with staff exiting through guarded side doors. JP [...]
Week in Business: The billionaires backing Britain May 1, 2025 BlackRock CEO Larry Fink, Virgin supremo Sir Richard Branson, businessman John Caudwell and JP Morgan top dog Jamie Dimon – quite the quartet – have all made some fascinating interventions this week. Let’s start with BlackRock, the world’s largest investor, running more than $11 trillion on behalf of pension funds, private clients and sovereign wealth [...]
The Capitalist: City of London terrorised by ducks April 10, 2025 Market shenanigans, Jamie Dimon's good manners guide and the Square Mile's aggressive ducks; catch up on City drama in The Capitalist.
JP Morgan chief issues recession and stagflation warning over Trump tariffs April 7, 2025 JP Morgan chairman and chief executive Jamie Dimon has warned that severe curbs on trade imposed by President Donald Trump could lead the US economy towards recession and stagflation. Dimon made the comments ahead of the multinational investment bank’s financial results, reporting revenue of $180.6bn and net income of $58.5bn in 2024. He credited the [...]
Barclays the latest to harden line on office attendance rules January 30, 2025 Barclays has become the latest blue chip firm to tighten its office attendance policy, asking staff to attend the office a minimum of three days a week. The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week, which cut the minimum number of days staff can [...]
Davos: Reeves to meet Trump allies in search for UK growth January 20, 2025 Rachel Reeves is expected to meet Donald Trump’s allies at Davos in a bid to talk up the UK’s growth prospects. The Chancellor is set to attend the World Economic Forum in Switzerland in the days following the US President’s inauguration and in the wake of turmoil in the UK bond markets. It follows a [...]
Trump uses JP Morgan chief Jamie Dimon as ‘informal adviser’ December 1, 2024 Donald Trump has reportedly used JP Morgan Chase boss Jamie Dimon as a “sounding board” for policy ahead of returning to the White House. The Wall Street veteran has been in regular communication with Trump for months, including after his election victory, The New York Post reported. The “no-holds-barred conversations” are said to have centred [...]
If proxy advisers can rattle Jamie Dimon, what chance do smaller firms stand? August 28, 2024 The power of proxy advisers has been enough to disturb big firms like JP Morgan and Astrazeneca, so what hope do the smaller players have?
Sunak eyes UK honours for JPMorgan boss Jamie Dimon and ex-Google chair Eric Schmidt June 6, 2024 Rishi Sunak has reportedly put forward long-serving JPMorgan Chase boss Jamie Dimon and ex-Google chair Eric Schmidt for UK honours ahead of the general election on 4 July.