Long-Term Competitiveness Group

Our Long-Term Competitiveness Group (LTCG) is our senior member body responsible for ensuring that government and regulators develop and implement policies designed to ensure that the UK remains an internationally attractive and competitive place for financial and related professional services firms to invest and do business.

The group provides strategic oversight to our policy work, ensuring that long-term competitiveness issues for the industry are considered and addressed by policymakers as business adapts to technological, environmental, and social change. It is focused on influencing the future shape of the UK’s regulatory, legal, and tax regimes and the approach of its regulatory and supervisory authorities.

With the support of specialist policy committees, the LTCG supports TheCityUK in celebrating the strengths and success of our industry, while ensuring that the UK policy and regulatory landscape continues to evolve in a way which supports the industry’s continued growth and success.

The group is supported by several specialist committees:  

Our latest long-term competitiveness work:

TheCityUK responds to the Treasury Committee's inquiry on AI in financial services

Our response supports the Treasury Committee's Call for Evidence on Artificial Intelligence in Financial Services, emphasising the importance of harnessing AI's transformative opportunities while mitigating risks to financial stability and safeguarding customers.

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Exporting from across Britain: Financial and related professional services 2025

UK exports of financial and related professional services, including accountancy, legal services, management consultancy, financial, and insurance services, are significant contributors to the global market. These services, originating in the UK, are offered to international clients, enhancing the country's economic footprint worldwide.

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Our latest long-term competitiveness news:

Comment

Response to the FCA's new 5-year strategy

Blog

Talent development in the context of a dynamic skills-led organisation

Comment

Response to the FCA's update on its enforcement transparency proposals

Blog

Delivering financial services growth in the age of transformation

Events:

TheCityUK National Conference 2024 Highlights

Watch the full session recordings of our National Conference 2024, which took place at the Library of Birmingham on Tuesday 26 November. In light of the government's renewed focus on regional growth and devolution, this year's conference was a great opportunity to look at the role of our industry in enabling inclusive growth across the UK.

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TheCityUK and Financial Services Skills Commission Future Skills Conference 2025

Register now for the Future Skills Conference 2025, in partnership with Financial Services Skills Commission, which will take place in London on Thursday 22 May 2025.

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