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10 Sep 2026
Reform UK’s annual party conference centred on a clear, ambitious blueprint: outlining precisely what the party aims to deliver during its first 100 days in government. Central to this agenda were several high-profile economic policy announcements. Reform UK detailed plans to introduce an immediate emergency Budget, achieve over £80 billion in public spending reductions, increase the personal tax allowance to £15,000, and reduce annual household energy bills by £250.
Significantly, this year’s conference featured the party’s inaugural dedicated Business Day, reflecting a strategic effort to establish structured, ongoing dialogue with commercial enterprises and financial institutions. These dedicated sessions provided a valuable platform for representatives from across the financial services sector to engage directly with senior party figures on critical topics, including national economic priorities, market competitiveness, and regional growth strategies.
As part of our broader cross-party engagement, UK Finance co-hosted a joint industry reception in collaboration with other financial services trade associations. The reception convened a diverse group of trade representatives, policy advisers, and political delegates to discuss the evolving economic and regulatory environment.
Robert Jenrick addressed attendees during the reception, sharing his perspective on the critical role the financial sector plays in driving broader economic growth. The gathering offered industry members a direct forum to articulate core business priorities to political stakeholders.
In his remarks, Robert Jenrick highlighted the deregulation of bank ring-fencing rules as a key policy priority. While noting that the party currently has no plans to raise taxes on the banking sector, he refrained from ruling out future adjustments and specifically pointed towards potential reform of reserve remuneration.
UK Finance remains committed to active, constructive engagement across the entire political spectrum. By maintaining open lines of communication with all major parties, we ensure our members' insights, priorities, and expertise directly inform ongoing political debates and shape the future policy landscape.
10.09.26
Harrison Burns, Analyst, Public Affairs, UK Finance
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