TheCityUK comments on the Smarter Regulation Programme's new measures

Comment
16 May 2024

Commenting on the Smarter Regulation Programme's new measures and White Paper announced by the Business Secretary, Miles Celic, Chief Executive Officer, TheCityUK said:

“An efficient, proportionate and agile regulatory environment is vital to driving economic growth and making the UK an attractive place for businesses to invest. Reforms under the government’s ‘smarter regulation’ programme, including greater scrutiny when introducing regulation, are therefore very welcome. A dynamic regulatory approach helps create jobs and growth. An uncompetitive one chokes off investment. We look forward to working with government and regulators to deliver progress in this area and ensure the UK continues to be an attractive place to do business.”

Miles Celic photo
Miles Celic Chief Executive Officer

Miles has held the role of Chief Executive Officer since September 2016. He is also a board member of UK Finance and the Financial Services Skills Commission. He sits on a number of government groups.

Miles began his career in broadcasting, making and presenting radio and television programmes for the BBC and others. He moved on to work in the UK Parliament, where he focused on foreign affairs and defence issues. Miles subsequently worked in a number of leading public policy consultancies.

In 2007, Miles joined HSBC’s policy function to lead political engagement. Miles moved to Prudential in 2009 as Director of Group Public Affairs & Policy and became Director of Group Strategic Communications in 2013. He was a member of Prudential’s Group Leadership Team.

Miles was awarded an OBE for services to financial and professional services in the King’s New Year Honours List 2025.