TheCityUK responds to the Autumn Budget 2024

Comment
30 October 2024

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

“The Chancellor has fired the starting gun to deliver the government’s priorities over the next four years. Driving growth and investment remains the key challenge here in the UK. Our services sector is central to addressing this challenge, with financial and related professional services in particular a key part of the tool kit to deliver nationwide growth. The Chancellor has taken a broadly balanced approach on tax, sought to further bolster devolution and set out some positive measures to attract investment – but the detail behind the headlines is key. It is vital that these are all addressed through a lens of long-term international competitiveness. We urge the government to consult closely and swiftly with industry and we look forward to partnering with them to delivering the growth this country needs.”

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.