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:

Key facts about UK-based financial and related professional services 2025 Explore more
TheCityUK’s evidence to House of Lords inquiry into the ‘reset’ of UK-EU relations

Our evidence considers the impact of post-UK withdrawal trading arrangements on the industry, including the Trade and Cooperation Agreement (TCA), the challenges and opportunities presented by the proposed ‘reset’ and the key priorities for the financial and related professional services industry in strengthening UK-EU ties.

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Our latest long-term competitiveness news:

Press release

Financial and related professional services remain key contributor to UK economy

Blog

Reforming the UK's planning system: A path to growth

Urgent call for strategic review of justice system to support economic growth

New research: Refining UK FDI regime can drive investment and growth

Events:

TheCityUK International Conference 2025

Watch all of the session recordings from our International Conference, including keynotes, panel sessions and in conversations discussing how the UK can underpin its position as a world-leading international financial centre.

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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, which will take place in London on Thursday 22 May 2025.

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