Following the announcement of Liz Truss as the winner of the Conservative Party leadership election, Miles Celic, Chief Executive Officer, TheCityUK, said:
“On behalf of the financial and related professional services industry, I offer our warmest congratulations to Liz Truss on her victory in the Conservative Party leadership election and becoming our country’s new Prime Minister.
“The challenges facing the UK economy are profound and need immediate attention. Alongside addressing the urgent issues of rising inflation, surging cost of living and energy prices, we urge the Prime Minister and her government to move swiftly to deliver the reforms set out in the Financial Services and Markets Bill, while also seeking to address wider UK competitive drift in areas like access to talent, skills, tax and infrastructure delivery.
“Forging a strong forward-looking and ambitious partnership between government, the regulators and industry will be key to unlocking the necessary investment and action. We look forward to working with the Prime Minister and her team to deliver on this vital agenda.”
As 2025 reaches an end, it’s an ideal time to reflect on the outcomes we’ve delivered across our strategic priorities. From boosting UK competitiveness and driving regional growth, to working with partners around the world and pushing for sustainable finance, we have worked closely with members to deliver key policy wins and strong industry advocacy, forge new and deepen existing global connections, and taken real steps forward in supporting sustainable investment across the UK.