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The Guardian - UK
The Guardian - UK
Politics
Richard Partington in Birmingham

Reform UK could strip FCA of power to regulate banking if elected

Farage holds his hand out as smoke billows behind him
Nigel Farage at Reform UK’s conference in Birmingham. The party leader has said he wants to prepare for the potential for an early general election in 2027. Photograph: Oli Scarff/AFP/Getty Images

Nigel Farage could strip the City watchdog of its power to regulate the banking industry under a sweeping overhaul to undo changes made after the 2008 financial crisis if Reform UK was elected to government.

The leader of the party at the top of opinion polls has said he wants to prepare for the potential for an early general election in 2027.

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