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:

Response to the Housing, Communities and Local Government Select Committee’s draft commonhold and leasehold reform bill

Our response welcomes the government’s aim to reform leasehold and commonhold, but raises serious concerns about the draft Bill’s retrospective changes, arbitrary ground rent cap and unintended consequences for pension savers and retirement housing. We recommend a more targeted approach using the new property register to distinguish between owner-occupiers and private landlords, ensuring reforms benefit those most in need.

Response to the Home Office consultation on Earned Settlement

Read our response to Home Office's consultation on Earned Settlement, highlighting our concern that the proposals risk conflicting with the broad intention to position the UK as a global destination for high-skilled talent and run counter to wider objectives.

Our latest long-term competitiveness news:

Blog

Guest blog: Skills, not the disruptive technologies, will determine an organisation’s success in the next decade

Blog

Guest blog: Future-ready skills: What financial services needs to thrive through the AI disruption

Press release

New paper sets out how to mobilise private capital at scale to plug UK’s infrastructure investment gap

Blog

Beyond the rankings: What different data sources reveal about the UK’s financial services trade

Events:

Highlights from TheCityUK International Conference 2026

Our International Conference 2026 featured keynotes and panel sessions discussing how the UK can underpin its position as a world-leading international financial centre.

Explore more
TheCityUK and Financial Services Skills Commission Future Skills Conference 2026

Join us in May for the Future Skills Conference 2025, in partnership with Financial Services Skills Commission

Explore more