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Response to the UK-EU 'Common Understanding' package

Comment
19 May 2025

Miles Celic OBE | Chief Executive Officer

Miles Celic, OBE, Chief Executive Office, TheCityUK, said, “Today's leaders' summit marks an important step in improving the UK-EU strategic relationship. While the focus has mostly been on trade in goods, our industry will celebrate the setting up of dedicated dialogues on business mobility and the agreement to discuss UK citizens' access to EU border e-gates, which has been a key goal.

“With UK-EU financial and related professional services trade totalling £43bn in 2023, we hope future summits will see greater focus on trade in services. Closer collaboration between our respective industries would bring several mutual benefits, including lowering the cost of capital and enhancing growth, competitiveness, and economic security right across Europe.”

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Miles Celic OBE photo
Miles Celic OBE Chief Executive Officer

Miles has held the role of Chief Executive Officer since September 2016. He is also a board member of UK Finance and the Financial Services Skills Commission. He sits on a number of government groups.

Miles began his career in broadcasting, making and presenting radio and television programmes for the BBC and others. He moved on to work in the UK Parliament, where he focused on foreign affairs and defence issues. Miles subsequently worked in a number of leading public policy consultancies.

In 2007, Miles joined HSBC’s policy function to lead political engagement. Miles moved to Prudential in 2009 as Director of Group Public Affairs & Policy and became Director of Group Strategic Communications in 2013. He was a member of Prudential’s Group Leadership Team.

Miles was awarded an OBE for services to financial and professional services in the King’s New Year Honours List 2025.

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