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:

Our response to the Department for Work and Pensions 'Value for Money Framework' consultation

TheCityUK summarises a response to the Department for Work and Pensions’ proposed Value for Money Framework for workplace pensions. It welcomes the shift towards assessing long-term value beyond costs alone, while urging regulators to ensure the framework is proportionate, aligned with existing regimes and capable of supporting better saver outcomes, investment and UK competitiveness.

Navigating change, driving growth: Annual report and accounts 2025-26

TheCityUK strengthened its role as the voice of UK-based financial and related professional services, driving policy engagement, research and international advocacy. In 2025-26 it expanded stakeholder reach, delivered strong member activity, and returned to profitability while maintaining financial resilience.

Our latest long-term competitiveness news:

Blog

International capital: what’s in an acronym?

Blog

The UK-Switzerland agreement shows what a services-first trade policy looks like

Blog

Transatlantic Taskforce: turning ambition into practical market outcomes

Press release

TheCityUK manifesto sets out practical steps to boost jobs, investment and prosperity across Greater Manchester

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.

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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

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