Treasury chairman Jamie Dimon has urged Chancellor Philip Hammond to ensure a long transition period for Brexit amid warnings about “cliff-edge” disruption to financial markets. This comes only months after Dimon warned that Brexit could force him to move up to 4,000 jobs out of the UK. It is the latest warning to senior ministers about the City’s Brexit demands, and is at least the third time in the past six months in which Dimon has met the UK Chancellor.
JPMorgan chairman Jamie Dimon has urged Chancellor Philip Hammond to ensure a long transition period for Brexit amid warnings about “cliff-edge” disruption to financial markets. This comes only months after Dimon warned that Brexit could force him to move up to 4,000 jobs out of the UK. It is the latest warning to senior ministers about the City’s Brexit demands, and is at least the third time in the past six months in which Dimon has met the UK Chancellor.