Barclays, Citi Urge Tax Stability as JPMorgan Calls US Investment a ‘Vote of Confidence’ in London
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最新报道：Barclays CEO CS Venkatakrishnan and Citi UK head Tiina Lee have warned Chancellor Rachel Reeves against further tax hikes on Britain's financial sector, arguing that overtaxing would undermine global competitiveness and stifle investment. Meanwhile, J.P. Morgan's Conor Hillery welcomed £150 billion in planned U.S. investment as a "vote of confidence" in the UK, citing growing IPO activity. The warnings came as U.S. tech giants including Microsoft ($30 billion), Google (£5 billion), and CoreWeave (£1.5 billion) announced major UK investments in AI infrastructure, though crypto sector received no high-profile commitments during the recent transatlantic talks.
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