Long-term competitiveness

Ensuring the long-term competitiveness of the UK as world-leading international financial centre has remained a core pillar of our work.

Our long-term competitiveness work

We work to ensure the UK remains an attractive place to invest and do business, which is essential to the industry’s long-term competitiveness.

"TheCityUK is on the ball when it comes to industry strategies and has focused objectives."

TheCityUK member

With the support of our Long-Term Competitiveness Group, we influence the policy environment and evolution of regulatory frameworks to drive UK competitiveness by:

  • Delivering policy positions in relation to long-term competitiveness issues.
  • Influencing the future shape of the UK’s regulatory, legal and tax regimes and the approach of its regulatory and supervisory authorities, including the evolution of the frameworks affecting business as it adapts to technological, environmental and social change.
  • Promoting the importance of the UK jurisdictions, English common law and the UK position in dispute resolution as a foundation of the UK’s attractiveness for business.
  • Highlighting the needs for new talent, skills and diversity in the industry and supporting the relevant work of the Financial Services Skills Commission.
  • Driving related professional services as a key underpinning of the industry’s success.
  • Working with partners across the industry to address issues such as operational resilience, AI and data, which have implications for the entire ecosystem.

Our latest long-term competitiveness work:

Summary and assessment of the Mansion House speeches

We have summarised the key points for the financial and related services industry from the Mansion House speeches. Focusing on investment, growth, and the importance of the industry in driving economic progress and addressing key challenges, the speeches also emphasised the need for regulatory reforms, international trade and collaboration with the EU to enhance the UK's competitiveness and economic resilience.

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Sovereign Wealth Funds: Global trends and the UK’s role in the evolving landscape for Sovereign Investment Vehicles

Our latest Sovereign Wealth Funds report reveals how their rapid growth in recent decades — particularly in emerging markets — and increasing focus on sustainable investments, has seen them become an undeniably crucial part of the wider fund management sector.

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Our latest long-term competitiveness news:

Comment

TheCityUK comments on the Chancellor's Mansion House speech

News

What will the Chancellor, the Rt Hon Rachel Reeves MP, reveal in her Mansion House speech?

Press release

Global Sovereign Wealth Fund assets under management soar to record high

Blog

Inclusive growth: it’s the government’s big idea, but what does it mean?

Events:

TheCityUK National Conference 2024

Register now for our 2024 event taking place at the Library of Birmingham on Tuesday 26 November. In light of the government's renewed focus on regional growth and devolution, this year's conference is a great opportunity to look at the role of our industry in enabling inclusive growth across the UK.

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TheCityUK policymaker roundtable with Callum Anderson MP

This senior member policymaker roundtable will discuss how the government can support the growth of technology and business clusters.

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