Due to the economic pressure caused by the Iran war, UK Chancellor Reeves will hold a meeting with bankers.

Golden Ten Data, April 19 – According to Sky News, UK Chancellor Reeves will meet with executives from major UK banks on Wednesday, as the ongoing Iran crisis continues to put pressure on the UK economy. Senior executives from Barclays, HSBC Holdings, Lloyds Banking Group, NatWest Group, and the UK branch of Spain’s Santander Bank have been invited to attend Reeves’ meeting. It is reported that Reeves is likely to mention at the meeting that banks must remain committed to supporting customers affected by inflationary pressures arising from this crisis. Other discussion topics will include bank capital reforms and potential revisions to the “ring-fencing” regime introduced after the 2008 financial crisis. Both the UK Treasury and the aforementioned banks declined to comment on the report.