Ep 1. Black Tuesday

The show Peaky Blinders is set in 1920s Birmingham, England, during the aftermath of World War I. The story revolves around the Shelby family, who run a criminal gang known as the Peaky Blinders. The show centers around Tommy Shelby, their leader, as he navigates the dangerous and often violent world of organized crime.

Season 5 episode 1, titled "Black Tuesday," opens with the news of the Wall Street Crash of 1929 reaching Birmingham. The Shelby family, and especially Tommy, are deeply affected by the stock market crash. Tommy is forced to rethink his business strategies as the crash threatens to destroy his empire.

The episode also sees the return of characters from previous seasons, including Michael Gray, who has been living in New York after being exiled from Birmingham. He returns to England to take on a more prominent role in the family business. Polly Gray, Tommy's cousin, is also dealing with her own personal demons. She is struggling to come to terms with the death of her daughter and is turning to alcohol to numb the pain.

Meanwhile, Ada Thorne, Tommy's sister, is facing her own challenges. She is a socialist and is part of a group that is trying to organize a general strike. However, her involvement in the group places her at odds with her family and the rest of the gang.

As Tommy tries to figure out his next move after the crash, he is approached by a new character named Oswald Mosley. Mosley is a politician who is trying to rise to power as the leader of the British Union of Fascists. He sees an opportunity to work with the Peaky Blinders to further his political ambitions, and Tommy must decide whether he wants to align himself with this new player in the political landscape.

Overall, "Black Tuesday" sets up the storyline for the rest of the season, with the Peaky Blinders facing new challenges and navigating a changing world. The episode brings back familiar faces while introducing new characters who will play important roles in the story. The themes of power, family, and loyalty continue to be central to the show, as the characters struggle to maintain their place in a world that is rapidly evolving.