A Conservative government would ensure that the City is “the best regulated in the world”, according to its newly published manifesto, with banking supervision, bonus deferral and clawbacks all highlighted as key policy areas, with further tweaks to the pensions system also promised.

David Cameron launched the vision for a Conservative government at an event in Swindon on Tuesday morning, reiterating promises for a pro-business agenda, but also confirming an in-out EU referendum by the end of 2017.