Long term competitiveness

Financing Britain’s future: TheCityUK’s strategy for the government

08 July 2024
5 minutes
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Read the full strategy: Download the full strategy: (PDF)

The financial and related professional services industry is a strategic national asset that makes a significant contribution to inclusive economic growth and stability.

It plays a central role in critical areas such as financing scale-up firms to create the technologies of the future; driving economic growth across the regions and nations; delivering vital infrastructure; and enabling the transition to net zero through its provision of capital, investment, professional advice and insurance.



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Our strategy sets out practical recommendations for the government to deliver our shared objectives.

We are calling on the government to prioritise strong collaboration between the financial and related professional services industry, government and regulators to foster an environment that enables our industry to make an even greater contribution in these, and other, important areas.

Our strategy sets out practical recommendations for the government to deliver our shared objectives and prioritise stability, certainty and predictability in regulation, tax and other key policy areas. Each recommendation sets out what should be delivered immediately to secure the foundations for financing Britain’s future and driving growth over the course of the parliament

Our key recommendations for the government

Working together to deliver growth

The UK-based financial and related professional services industry is major national employer, a significant contributor to the public purse and enabler of inclusive growth across the economy.

To ensure that the industry can make an even greater contribution in these and other critical areas we are calling for the government to prioritise strong collaboration with us and the regulators.

From creating the right conditions to drive investment right across the UK; empowering regions through devolution; and boosting growth through enhanced trade, investment and regulatory stability, to delivering a coherent, stable and predictable tax regime; and leading the transition to a sustainable future, our industry has an important role to play.

The practical recommendations set out in this strategy for the government will, we believe, see us deliver our shared objectives and we look forward to taking these forward.

Why the financial and related professional services industry is a national asset

Read more about our strategy recommendations for the government by clicking the links below: