1 February 2026
Analysis
Epstein emails reveal Mandelson advising JPMorgan to threaten Chancellor over post-crisis banker bonus tax
On 9 December 2009, Chancellor Alistair Darling unveiled a one-off 50% tax on bankers’ bonuses. New documents from the Epstein Files reveal that a serving cabinet minister privately advised JPMorgan on how to fight back. Peter Mandelson, then Business Secretary, counselled Jamie Dimon on how to threaten the Government into softening the tax. Those exchanges […]
