JP Morgan Chase CEO Jamie Dimon has thrown his support behind the new government and said Liz “should be given the benefit of the doubt” as she pushes ahead with tax cuts. Speaking last night from London with US broadcaster CNBC, Dimon backed Liz’s tax plans and hammered home the need for laser-like focus on growth – adding he’d “love to hear that out of their mouth every time a president or prime minister speaks”…
“It’ll take time to execute the policies and kind of drive growth and what’s important … [but] there’s a lot of things the UK has going for it and proper strategies to get it growing faster … then it can accomplish some of the other objectives it wants to accomplish too […] I would like to see the new Prime Minister, the new Chancellor, be successful […] I think every government should be focusing on growth. I would love to hear that out of their mouth every time a president or prime minister speaks.
Another proud member of the Pro-Growth Coalition. Although he did warn the US will likely tip into recession in about 6 months…