Some City of London executives are concerned the government may use this month’s budget to levy a windfall tax on the profits of domestic banks even as the UK operations of international lenders are exempted, according to people with knowledge of the matter.

The UK should slash taxes on the rich and encourage the City to take greater risks, according to a report by a think-tank linked to Reform UK that’s set to guide the economic policies of Nigel Farage’s insurgent party.

Reform UK plans to bolster its plans to attract the rich back to the UK should it win power at the next general election, the insurgent party’s Treasury spokesman, Robert Jenrick, said.

Reform UK billed its 2026 conference as a showcase for policies it would implement during its first 100 days in power. In the end, the gathering served to highlight the mounting obstacles to Nigel Farage’s party winning office.

Reform UK set out an economic vision underpinned by reducing Britain’s inflation rate as the insurgent party sought to persuade businesses it can restore confidence in the nation’s ballooning public finances.

Rachel Reeves will issue a coded warning to the next Labour government by telling a City of London audience on Tuesday night that plans to boost the economy will only succeed with the support of financial markets.

Rachel Reeves heads to what’s likely to be her last City of London event next week, a final opportunity to defend her legacy after almost exactly two years as the UK’s first woman Chancellor of the Exchequer.

The Mansion House dinner each summer is normally a chance for the City of London to hear what’s on the Chancellor of the Exchequer’s mind. Except this year, nobody’s sure who the chancellor will be.

The Mansion House dinner each summer is normally a chance for the City of London to hear what’s on the Chancellor of the Exchequer’s mind. Except this year, nobody’s sure who the chancellor will be.

The Mansion House dinner each summer is normally a chance for the City of London to hear what’s on the Chancellor of the Exchequer’s mind. Except this year, nobody’s sure who the chancellor will be.

Starling Bank Ltd. is streamlining its board in light of a number of departures, a move that increases the sway of UK digital bank’s largest shareholder.

Canadian mortgage billionaire Stephen Smith has agreed to buy a minority stake in The Economist Group, marking the first ownership shake-up in the storied British current affairs magazine in a decade.

Britain’s former US ambassador Peter Mandelson has been bought out of the lobbying firm he founded by its new chief executive Rebecca Park as part of a broader overhaul to distance it from convicted sex offender Jeffrey Epstein.

Britain’s former US ambassador Peter Mandelson has been bought out of the lobbying firm he founded by its new chief executive Rebecca Park as part of a broader overhaul to distance it from convicted sex offender Jeffrey Epstein.

Reform is invoking Margaret Thatcher’s Big Bang to woo the UK’s flagship industry

A UK politician will ask the University of Oxford’s leader about its handling of sexual harassment complaints, after a Bloomberg investigation found the institution had repeatedly been slow to act against male academics accused of sexual misconduct and inappropriate behavior. The report has also prompted the British Academy to open a probe into one of its members.