Driving growth for the future – annual report and accounts 2023-24 We are pleased to share our latest annual report, detailing our achievements over the past year and highlighting the critical role UK-based financial and related professional services play in driving growth and supporting the economy. Watch our annual report short summary video below or visit our website to find out more: https://lnkd.in/edeNkyRJ
TheCityUK
Financial Services
London, London 13,011 followers
TheCityUK is the industry-led body representing UK-based financial and related professional services.
About us
We are the industry-led body representing UK-based financial and related professional services. We champion and support the success of the ecosystem, and thereby our members, promoting policies in the UK and internationally that drive competitiveness, support job creation and enable long-term economic growth. The industry contributes 12% of the UK’s total economic output and employs over 2.4 million people – with two thirds of these jobs outside London – across the country’s regions and nations. It pays more corporation tax than any other sector and is the largest net exporting industry. The industry plays an important role in enabling the transition to net zero and driving economic growth across the wider economy through its provision of capital, investment, professional advice and insurance. It also makes a real difference to people in their daily lives, helping them save for the future, buy a home, invest in a business and manage risk.
- Website
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http://www.thecityuk.com
External link for TheCityUK
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- London, London
- Type
- Nonprofit
- Founded
- 2010
Locations
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Primary
Fitzwilliam House
10 St Mary Axe
London, London EC3A 8BF, GB
Employees at TheCityUK
Updates
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We're delighted to hold our networking reception in partnership with the Association of Economic Representatives in London (AERL) this week, a fantastic opportunity to connect with senior representatives from embassies and high commissions, as well as industry leaders, to further strengthen and deepen bilateral and multilateral economic relationships. Many thanks to H.E. Mr. O. Koray Ertas, Ambassador of Türkiye to the UK, for hosting. #TheCityUK Marcus Rothen | Nicola Watkinson (she/her) | Scott Devine | Ceri Martin
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We had a fantastic Anglo-German Financial Services Dialogue at Bankhaus Metzler in Frankfurt this week, where we discussed our industry’s vital role in financing the transition to #netzero and explored climate-related disclosure regimes with the International Sustainability Standards Board (ISSB). We also touched on political developments in our bilateral relationship, the growing German fintech market, and developments in our respective pensions markets. We welcome Oliver Behrens, Chairman at DWS, as our new Co-Chair, who also recently assumed the presidency of Frankfurt Main Finance. A special thanks to our outgoing Co-Chair, Gerhard Wiesheu, CEO of B. Metzler seel. Sohn & Co. AG, for his dedicated leadership since 2021. We wrapped up with a wonderful dinner at the historic Metzler Gästehaus, featuring a lively conversation on the digital Euro led by Dr. Alexandra Hachmeister from Deutsche Bundesbank. Thanks to our UK Dialogue Co-Chair, Katharine Braddick, Group Head of Strategic Policy at Barclays, and the team at Frankfurt Main Finance for their support in making the event such a success! Tschüss 🙌 and we look forward to our next discussions! #TheCityUK Nicola Watkinson (she/her) | Scott Devine | Ceri Martin
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TheCityUK reposted this
Pleased to be speaking at the ASEAN Investment Forum (AIF) 2024. Join me for a talk on how to prepare investment ready projects, deliver what investors want and create the right public private partnerships. Looking forward to a great discussion with a great group of panelists . Date: October 7th, 2024 📅 Time: 8:30 a.m. - 6:00 p.m. ⏰ Location: Landmark Mekong Riverside Hotel, Vientiane, Lao PDR 📍 Registration is free 👉 https://lnkd.in/dhKphj5e Full Agenda 🔎 https://lnkd.in/dgwBSNnA #ASEANInvestmentForum #InvestForConnectivity #InvestForResilience #Investment #FDI @The ASEAN Investment Forum @United Nations ESCAP @ARTNET on FDI TheCityUK Qiuyu Chen Zhouchen Mao, PhD Andreas Dressler Laura Figón Martin Kent Sarah Tiffin
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It was a pleasure to welcome Paul Chan, Hong Kong’s Financial Secretary, for a highly engaging and insightful discussion on Hong Kong’s economic future and growth opportunities in areas such as digital assets, fintech, and sustainable development. The conversation was chaired by our CEO, Miles Celic. Thank you, Luanne Lim and HSBC, for hosting. #TheCityUK Financial Services and the Treasury Bureau (FSTB) | Gilford L. | Nicola Watkinson (she/her) | Zhouchen Mao, PhD | Qiuyu Chen
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Ahead of the Autumn Budget from Chancellor of the Exchequer, Rt Hon Rachel Reeves next month, read our submission to HM Treasury outlining key proposals aimed at driving inclusive economic growth across the UK. 📖 Discover more here: https://lnkd.in/esCrRhub #TheCityUK #inclusivegrowth
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Our submission to the government's Pensions Investment Review: Call for Evidence is now live on our website. We welcome the government’s focus on consolidation of, and investment by, Defined Contribution (DC) pension and Local Government Pension Scheme (LGPS) in the first phase of their review. We believe that reforms can be made to make it easier and more attractive for UK pensions to invest more capital in UK assets. 📖 Read our full submission here: https://lnkd.in/e8HuWuJF #TheCityUK #pensions
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We've had a busy few days at the Labour Party Conference 2024, with some great events and conversations, not least about the contribution of financial and related professional services across the UK, its role in enabling inclusive growth, and driving investment in the UK. Last night we partnered with Association of British Insurers and Labour Together to hold a drinks reception with Rt Hon Rachel Reeves, Chancellor of the Exchequer, who highlighted our industry's pivotal role in driving economic growth. Rt Hon Darren Jones MP, Chief Secretary to the Treasury, also took part in an insightful ‘in conversation’ with Caroline Wheeler, Political Editor at the Sunday Times. Earlier in the week, we co-hosted a great reception with Barclays, hearing from Emma Reynolds, Pensions Minister HM Treasury and the Department for Work and Pensions (DWP), and our Leadership Council Chair, Bruce Carnegie-Brown, about empowering female entrepreneurs and investment in the UK economy. Our fringe event in partnership with New Statesman featured a stellar line-up of panellists including Tulip Siddiq, Economic Secretary to the Treasury, Katharine Braddick of Barclays, Emily Shepperd of the Financial Conduct Authority, and our CEO Miles Celic, who discussed the industry’s role in enabling inclusive growth. Our Managing Director, Public Affairs, Policy & Economic Research, John Godfrey, also shared his insights on the Industrial Strategy and trade as catalysts for growth during a panel session alongside Lord Iain McNicol and experts from The Chartered Institute of Export & International Trade and Agenda Communications. Thank you to everyone for their support and engagement. #TheCityUK #Lab24 #InclusiveGrowth #IndustrialStrategy #LabourPartyConference
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TheCityUK reposted this
Delighted to host yesterday’s meeting of TheCityUK AI Working Group in our London office, where we had the chance to hear direct from the Financial Conduct Authority, Bank of England and Digital Regulation Cooperation Forum (DRCF) on the ongoing work they are each doing around AI. With the UK’s White Paper approach to AI placing sector regulators front-and-centre in managing AI risks (and opportunities), it’s clear that ongoing dialogue between regulators and industry will be key to ensuring the UK charts the right path between innovation and risk as its regulatory position continues to evolve. Thanks to Rosalie Brown for her help organising the session and Suchitra Nair for expertly chairing what was a packed agenda.
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Join us in Birmingham for our National Conference 2024. 📅 Date: Tuesday 26 November 2024 📍 Location: Library of Birmingham The conference, sponsored by PwC, is a great opportunity for industry stakeholders and policymakers from across the UK to discuss how the financial and related professional services industry can help drive inclusive growth. Also sponsored by Guernsey Finance and State Street, the conference programme will cover: 🔹 The contribution of financial and related professional services in the UK’s regions and nations. 🔹 The government’s focus on regional growth and devolution. 🔹 The role of our industry in enabling the national growth agenda. Agenda highlights: - A keynote speech by a Treasury Minister - Engaging panel discussions featuring experts from across the industry - Networking opportunities with stakeholders dedicated to shaping the future of our industry View the full agenda and register to attend on our website: https://lnkd.in/eVCd4eDn