TheCityUK report outlines five-year plan for the UK to regain "financial centre leadership"

TheCityUK, on the 8th of September 2021, published a new international strategy for the United Kingdom (UK)-based financial and related professional services industry. The report suggests that the UK should focus on future growth opportunities such as data and technology, Islamic finance, sustainability, global investments and risk management.

Why it Matters? Amid a raging pandemic and slump in trade with the UK's biggest trading partner - the European Union - the strategy outlines how the country can address a number of issues, from regulatory coherence, market access, investment protection and immigration to create a "gateway to international investment opportunities".

Stella Cox CBE, Managing Director at DDCAP Group™, commented that this new industry s...