Qualified advisers answering your
Financial Questions
call 0800 092 1245

UK government paying the price for more financial taxes

It has been revealed that JP Morgan is looking to base its new head of International business away from the London arena in protest at the ever-increasing financial burden which the UK government is placing in the UK financial sector. We have seen introduction of specific financial taxes, pressure to increase liquidity and indeed the European Union is also attempting to hijack the UK's international investment market standing. So is this a short-term protest or a change for the longer term?

The truth is that for some time the UK financial arena has been one of the most powerful in the world and is likely to remain so for the foreseeable future. However, the short-term problem with regards to financial taxes is causing some concern within the financial arena and indeed many international companies will hold off from investment in the UK in the short to medium term.

Thankfully, in the long term the UK's standing on the worldwide arena is still relatively strong and assuming that the UK government does not continue to introduce tax after tax after tax to the financial arena then we should return to business as usual in due course.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details