Peaky Blinders: The Reckoning (2025) returns with a thunderous conclusion to the saga of Tommy Shelby, the cunning and tormented leader of the Birmingham crime empire. Set in the late 1930s, on the eve of World War II, the film follows Tommy as he confronts the ghosts of his past while the world teeters on the brink of chaos. After faking his death at the end of the series, Tommy has retreated to the Irish countryside, living under a false name. Yet, his peace is shattered when old enemies and political forces drag him back into a web of violence, betrayal, and redemption that will define his final reckoning.

The rise of fascism across Europe threatens to consume England, and the Peaky Blinders find themselves caught between rival factions — the British establishment, fascist sympathizers, and the resistance movements. Arthur Shelby, broken by addiction and grief, is pulled back into Tommy’s war when the family business becomes a target for both political and criminal enemies. Ada Thorne, now a respected political figure, faces moral dilemmas as she must choose between loyalty to her family and her ideals. Meanwhile, Finn Shelby, desperate to prove himself after past betrayals, takes dangerous risks that could either save or destroy what remains of the Shelby name.

Tommy’s old nemesis, Oswald Mosley, returns with renewed power and ambition, seeking to pull Britain into alignment with Nazi Germany. Their ideological and personal conflict becomes the heart of the film — a clash between two men obsessed with control, each seeing himself as the savior of the future. But Tommy’s greatest battle is not with Mosley or the government; it is with himself. Haunted by hallucinations and the deaths of those he’s lost, he wrestles with the question of whether redemption is possible for a man who has built his life on blood and deceit.

The narrative moves with cinematic intensity, weaving political intrigue, brutal confrontations, and moments of fragile humanity. The tone is darker, more reflective, as the world Tommy once ruled begins to crumble around him. The Industrial Revolution’s smog gives way to the smoke of war, and the streets of Birmingham become a battlefield once more.

In the climactic act, Tommy must decide whether to sacrifice himself to stop Mosley’s rise or preserve his legacy through one final, devastating act of vengeance. Every decision feels like the end of an era — the death of the gangster and the birth of the legend.

By the film’s conclusion, Peaky Blinders: The Reckoning delivers an emotional and explosive farewell, bringing full circle the journey of a man who clawed his way from the trenches to power, only to realize that true victory demands the ultimate price. It’s a haunting portrait of ambition, guilt, and destiny — the end of the Shelby empire, and the reckoning of its king.