News

The Government’s new “Growth Situation Room” signals a growing focus on devolution as a driver of economic growth across the UK. Drawing on five years of engagement with businesses, policymakers and civic leaders, TheCityUK argues that local growth succeeds when government, business and regional leaders work together from the outset. With the right mix of investment, skills and partnerships, every nation and region has the potential to deliver lasting economic success.

The UK has a strong foundation in Islamic finance but must act decisively to maintain leadership. By strengthening Sukuk issuance, export finance, tokenisation capabilities and Takaful markets, it can deepen international partnerships and attract Shariah-compliant investment into priority sectors.

The Presidential endorsement of the Lagos International Financial Centre (LIFC) marks a pivotal step in Nigeria's economic reform, elevating it to a nationally supported initiative. This development aims to build a robust institutional platform to attract sustained investment for Nigeria's long-term growth.

The enhanced UK-Switzerland Free Trade Agreement reflects the growing importance of services in global trade, introducing ambitious digital and financial services provisions that increase certainty for businesses, strengthen bilateral cooperation, and provide a model for modern, services-focused trade policy and international competitiveness.

The UK-US Transatlantic Taskforce sets a practical agenda for cooperation on digital assets, wholesale markets and cross-border capital raising, supporting innovation, reducing fragmentation and strengthening competitiveness across financial and professional services.

The UK must mobilise private capital alongside public defence spending to strengthen national security, resilience and international partnerships. Our Defence & Resilience Group is helping reduce barriers between finance and defence so the UK can better support investment, innovation and long-term competitiveness.

TheCityUK’s new manifesto sets out how Greater Manchester’s next mayor can work with industry to boost jobs, investment and growth across the city region.

In this blog, Bee Thakur, our Manager, Tech & Innovation Policy, looks at how the UK can move from tokenisation ambition to delivery, following the publication of the Wholesale Digital Markets Champion’s first report. She highlights the scale of the opportunity for the UK’s wholesale digital markets, the need for coordinated implementation and the practical steps required to turn innovation into lasting market change.

Our new report sets out a practical roadmap for strengthening UK-EU cooperation in financial and related professional services, helping to unlock investment, drive growth and support Europe's competitiveness, security and resilience objectives.

In this blog, Ceri Martin, Manager, Europe, at TheCityUK, looks into the UK-Switzerland Free Trade Agreement, a major milestone for services trade that creates new opportunities for businesses and strengthens ties between two of Europe’s leading services economies.

Our new report argues that as global Islamic finance continues to expand rapidly, the UK must act now to secure its future position as the leading western hub for the sector.

This report explores how widening climate insurance gaps could affect investment, lending and long-term economic growth. It sets out practical recommendations for government and industry to strengthen resilience, close protection gaps and mobilise capital.