London’s top bankers are voicing optimism about the city’s financial future, while calling for clear and stable policies to sustain momentum ahead of the U.K.’s critical Autumn Budget in November.

Speaking at Canary Wharf, leading bankers highlighted London’s resilience and global standing, even after recent economic headwinds. They noted that, despite the April tariff turmoil in the U.S., the U.K. financial services sector has rebounded strongly, benefiting from improved corporate profitability and a more active deal-making environment.

The bankers emphasized that London remains “one of the two great financial centers of the world,” and the “premier capital market in Europe,” stressing the need to nurture its growth rather than risk slowing investment through over-taxation. They underscored the importance of a consistent approach to regulation and taxation.

At J.P. Morgan, Deputy CEO Conor Hillery also highlighted the recently announced £150 billion ($202 billion) of U.S. investment as a clear vote of confidence in Britain’s prospects.

With financial services contributing a Tenth of  Britain’s tax revenue, industry leaders are confident that London’s unique strengths, coupled with pro-growth reforms, will ensure its continued success as a global hub for finance, innovation, and investment.

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Source: https://www.cnbc.com/2025/09/25/uk-bank-bosses-demand-policy-stability-ahead-of-critical-budget.html