Jamie Dimon says: JP Morgan will scrap its $4 billion investment plan in London, if PM Keir Starmer …
TIMESOFINDIA.COM / May 19, 2026, 15:00 (IST)
JP Morgan Chase CEO Jamie Dimon is reconsidering a multibillion-dollar London office project due to the UK's political climate, warning of potential withdrawal if a future government proves "hostile to the banks." Despite this, Dimon expressed support for Keir Starmer and Rachel Reeves, advocating for closer UK-Europe ties post-Brexit. Political instability surrounding Starmer's leadership is also impacting UK bond markets.