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:

The UK’s new Trade Strategy: key takeaways for financial and related professional services

We are pleased to see the new Trade Strategy published by the government, designed to complement the Modern Industrial Strategy and the forthcoming SME Growth Strategy.

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Modern Industrial Strategy summary

Following the government’s publication of its Modern Industrial Strategy and some of its supporting sector plans, we’ve compiled a summary of the paper and commentary on the sections relevant to the financial and related professional services industry.

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Our latest long-term competitiveness news:

News

Chair's address from the Annual Conference 2025

Blog

The government's 'Modern Industrial Strategy' at a glance

Blog

Exports explained (even further): more on values vs volumes

Press release

‘De-risk defence’ to improve financing climate for defence sector

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

Watch the sessions from the Future Skills Conference 2025, in partnership with Financial Services Skills Commission, which took place in London on Thursday 22 May 2025.

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