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:

TheCityUK’s Mansion House submission

Our Mansion House submission sets out five priorities to strengthen the UK’s competitiveness as a global financial centre, with a focus on faster delivery, greater regulatory clarity and coordinated action. It calls on government to unlock investment, support innovation and connect capital more effectively with the UK’s long-term growth priorities.

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.

Our latest long-term competitiveness news:

News

Chair’s address from our Annual Conference 2026

Blog

CEO blog: maintaining momentum across our priorities

Press release

Financial and related professional services industry continues to drive UK prosperity

Blog

Not a niche: Britain’s financial and related professional services exports and why they matter

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
Highlights from TheCityUK and Financial Services Skills Commission Future Skills Conference 2026

Watch the highlights from the Future Skills Conference 2026, in partnership with Financial Services Skills Commission

Explore more