General election  

Lord Mayor's common cryer announces dissolution of parliament to the City

Lord Mayor's common cryer announces dissolution of parliament to the City
Major Peter Oweh reads the King's Proclamation outside the Royal Exchange on May 31 2023. (FT Adviser)

The Lord Mayor of London's common cryer has read out the King's proclamation to the City, announcing the dissolution of Parliament.

Major Peter Oweh, who was appointed last year as the honorary common cryer and serjeant-at-arms, stood at the heart of the financial district in the City of London.

Flanked by a procession from Mansion House, he read the proclamation aloud on the steps of the former Royal Exchange. 

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His announcement, which you can view in the video, comes as the UK is plunged into a general election frenzy, after Prime Minister Rishi Sunak announced the election date of July. 

Advisers and wealth managers alike have expressed their wishlists for whoever comes into power after the election - current polling suggests Labour has the lead but it will all come down to policies.

As reported in FT Adviser's general election coverage, tax is a big question for most financial services professionals.

For example, Lisa Meller, founder of the Personal Finance Movement, would like the next government to review tax allowances which have been “significantly” reduced this tax year.

To read FT Adviser's in-depth election coverage, click here or bookmark this story, which is a rolling round-up of election coverage from across the FT Group's various titles.