TheCityUK responds to the 2023 Spring Budget

Comment
15 March 2023

Following today’s Spring Budget statement by the Chancellor, Miles Celic, Chief Executive Officer, TheCityUK, said,

“The Chancellor’s focus on embracing innovation, boosting business investment and driving growth right across the UK is promising. Incentivising local growth and investment and building skills through the new Investment Zones will help to spread greater prosperity and shore up the UK’s international competitiveness in key areas. Our industry will play an important enabling role on this agenda, by facilitating investment over the coming years in line with the Chancellor’s vision for a secure and clean energy future.

“More generally, for the UK to realise its growth ambitions, remain a powerhouse for talent, innovation and investment, and to reaffirm its reputation as a world-leading international financial centre, there must be continued focus on ensuring economic stability and resilience. We look forward to working with the government to realise these goals.”

Miles Celic OBE photo
Miles Celic OBE 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.