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:

TheCityUK responds to the Treasury Committee's inquiry on AI in financial services

Our response supports the Treasury Committee's Call for Evidence on Artificial Intelligence in Financial Services, emphasising the importance of harnessing AI's transformative opportunities while mitigating risks to financial stability and safeguarding customers.

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Exporting from across Britain: Financial and related professional services 2025

UK exports of financial and related professional services, including accountancy, legal services, management consultancy, financial, and insurance services, are significant contributors to the global market. These services, originating in the UK, are offered to international clients, enhancing the country's economic footprint worldwide.

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Our latest long-term competitiveness news:

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Response to the FCA's new 5-year strategy

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Talent development in the context of a dynamic skills-led organisation

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Response to the FCA's update on its enforcement transparency proposals

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Delivering financial services growth in the age of transformation

Events:

TheCityUK International Conference 2025

Register now for our International Conference. Join influential leaders from across the industry to discuss how the UK can underpin its position as a world-leading international financial centre.

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TheCityUK and Financial Services Skills Commission Future Skills Conference 2025

Register now for the Future Skills Conference 2025, in partnership with Financial Services Skills Commission, which will take place in London on Thursday 22 May 2025.

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