New governments should be 'given the benefit of the doubt,' JPMorgan CEO Jamie Dimon told CNBC while discussing the U.K. economy.
said new governments "always have issues" and U.K. Prime Minister Liz Truss should be "given the benefit of the doubt" following a turbulent first month in office.
"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 U.K. 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," Dimon told CNBC's Julianna Tatelbaum on Monday, speaking at the JPM Techstars conference in London.Dimon's comments come after a rocky few weeks for Truss's administration.
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