Long term competitiveness

Ensuring the long-term competitiveness of the UK as world-leading international financial centre has remained a core pillar of our work.

Our long term competitiveness work

We work to ensure the UK remains an attractive place to invest and do business, which is essential to the industry’s long-term competitiveness.

"TheCityUK is on the ball when it comes to industry strategies and has focused objectives"

TheCityUK member

With the support of our Long-Term Competitiveness Group, we influence the policy environment and evolution of regulatory frameworks to drive UK competitiveness by:

  • delivering policy positions in relation to long-term competitiveness issues
  • influencing the future shape of the UK’s regulatory, legal and tax regimes and the approach of its regulatory and supervisory authorities, including the evolution of the frameworks affecting business as it adapts to technological, environmental and social change
  • promoting the importance of the UK jurisdictions, English common law and the UK position in dispute resolution as a foundation of the UK’s attractiveness for business
  • highlighting the needs for new talent, skills and diversity in the industry and supporting the relevant work of the Financial Services Skills Commission
  • driving related professional services as a key underpinning of the industry’s success
  • working with partners across the industry to address issues such as operational resilience, AI and data, which have implications for the entire ecosystem.

Find out more about our long-term competitiveness work:

Long-term competitiveness outcomes and activity

Ensuring the long-term competitiveness of the UK as a world leading international finance centre has been a core pillar of our work.

Key facts about UK-based financial and related professional services 2023

This report highlights the strong contribution that the financial and related professional services industry continues to make to the domestic economy.

TheCityUK Annual Conference

Our Annual Conference 2023 focussed on the role of driving economic growth and supporting a stable and resilient economy.

Global carbon pricing mechanisms and their interaction with carbon markets

This report constitutes ground-breaking new research which presents an overview of carbon markets, including the underlying principle of carbon pricing.