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:

Industrial and Trade Strategy: Two sides of the same coin

The UK's forthcoming Industrial and Trade Strategies are integral to the government’s ‘Growth Mission,’ leveraging strengths in financial and related professional services to drive investment, productivity and exports. In our submissions to the government, we have stressed that industrial and trade strategies must work hand in hand to fully unlock their potential to enhance the UK’s long-term productivity and living standards.

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TheCityUK 2024 roundup

This year we have delivered a number of strong outcomes across our strategic priorities on behalf of our members. Take a look at our highlights, key milestones and successes in 2024.

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Our latest long-term competitiveness news:

Blog

Big beasts? Analysing employment and size distribution in financial and related professional services

UK maintains its reputation as a world leader for international legal services

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?

Events:

TheCityUK National Conference 2024 Highlights

Watch the full session recordings of our National Conference 2024, which took 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 was a great opportunity to look at the role of our industry in enabling inclusive growth across the UK.

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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, will take place on Thursday 22 May 2025.

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