Thecityuk

JPMorgan Chase chief executive Jamie Dimon has warned Chancellor of the Exchequer John Healey against creating a more hostile tax environment for banks. The Wall Street executive urged the UK Government to re-consider its plans to increase taxes on banks ahead of a major pre-Budget lobbying campaign

UK Government Minister for Scotland Lord Offord gave opening remarks at the Scottish Financial Enterprise Dover House reception as a new TheCityUK report shows the contribution of the Scottish sector to the UK Government’s ambitions of a ‘high-wage, high-skilled’ economy. The recep

The expected bill for unsustainable debts to UK firms has dropped by £10 billion to 'only' £20bn, according to TheCityUK. TheCityUK’s Recapitalisation Group (RCG), supported by EY, has today published updated projections for levels of unsustainable debt faced by SMEs.

Urgent action is needed to address a skills and talent crisis in UK financial services, according to an independent review commissioned by HM Treasury.