Who we are
TheCityUK represents the UK-based financial and related professional services industry. We lobby on its behalf, producing evidence of its importance to the wider national economy. At home in the UK, in the EU and internationally, we seek to influence policy to drive competitiveness, creating jobs and lasting economic growth.
UK-based financial and related professional services contributed 12% of UK GDP in 2013. Over 2 million people work in the industry across the country, two thirds of whom are outside London. Our industry employs 7% of the population and they are the most productive jobs in the economy - 70% above the UK average. Foreign companies invested around £100bn into UK financial companies since the start of 2007, more than in any other sector. The UK is Europe’s financial centre and leads the way in international banking, fund management, international insurance, private equity and derivatives trading. The UK also holds a leading position in the delivery of accounting services, legal services and management consulting.
Our board, chaired by Sir Gerry Grimstone, Chairman, Standard Life, is responsible for developing our strategy and delivery. Lord Green of Hurstpierpoint, oversees our Advisory Council. The President of the Advisory Council is the Lord Mayor.
We are independent and politically neutral.