Long-Term Competitiveness Group

Our Long-Term Competitiveness Group (LTCG) is our senior member body responsible for ensuring that government and regulators develop and implement policies designed to ensure that the UK remains an internationally attractive and competitive place for financial and related professional services firms to invest and do business.

The group provides strategic oversight to our policy work, ensuring that long-term competitiveness issues for the industry are considered and addressed by policymakers as business adapts to technological, environmental, and social change. It is focused on influencing the future shape of the UK’s regulatory, legal, and tax regimes and the approach of its regulatory and supervisory authorities.

With the support of specialist policy committees, the LTCG supports TheCityUK in celebrating the strengths and success of our industry, while ensuring that the UK policy and regulatory landscape continues to evolve in a way which supports the industry’s continued growth and success.

The group is supported by several specialist committees:  

Our latest long-term competitiveness work:

The UK’s new Trade Strategy: key takeaways for financial and related professional services

We are pleased to see the new Trade Strategy published by the government, designed to complement the Modern Industrial Strategy and the forthcoming SME Growth Strategy.

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Modern Industrial Strategy summary

Following the government’s publication of its Modern Industrial Strategy and some of its supporting sector plans, we’ve compiled a summary of the paper and commentary on the sections relevant to the financial and related professional services industry.

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Our latest long-term competitiveness news:

News

Chair's address from the Annual Conference 2025

Blog

The government's 'Modern Industrial Strategy' at a glance

Blog

Exports explained (even further): more on values vs volumes

Press release

‘De-risk defence’ to improve financing climate for defence sector

Events:

TheCityUK National Conference 2025

Our National Conference 2025 will take place at the Queens Hotel in Leeds on Thursday 27 November. This year's conference will be an 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

Watch the sessions from the Future Skills Conference 2025, in partnership with Financial Services Skills Commission, which took place in London on Thursday 22 May 2025.

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