TheCityUK

TheCityUK

Formation	2010
Legal status	Non-profit company
Purpose	Financial and related professional services industry
Headquarters	Salisbury House, Finsbury Circus, London, EC2M 5QQ
Region served	United Kingdom
Board Chairman	John McFarlane, Chairman of Barclays
Advisory Council Chairman	Paul Manduca, Chairman of Prudential plc
Chief Executive	Miles Celic
Staff	40
Website	TheCityUK

TheCityUK is a private-sector membership body and industry advocacy group promoting the financial and related professional services industry of the United Kingdom (UK). Although 'The City' in the UK usually refers to the City of London, one of the world's foremost financial centres, the organisation also represents the industry all across the UK.

TheCityUK focuses on three main areas:

It also conducts primary research among members, businesses and consumers about relevant financial and professional services issues and produces a range of authoritative economic reports on industry sectors, products, and key financial indicators. TheCItyUK is often refereed to as the industry's "most powerful" or "most prominent" lobbyists with close links to the UK Government and to policy makers in Brussels and Washington.

In 2009 a report from a group of industry representatives chaired by then UK Chancellor, Alistair Darling, and former Citigroup chairman, Sir Winfried Bischoff, recommended the creation of a new independent body to ‘promote the industry at home and overseas’. The report also recommended the group should have a ‘formal link’ to a forum, led by government, which would focus on strategic issues relating to the financial industry. Based on this recommendation TheCityUK was founded in 2010 under the chairmanship of Sir Winfried Bischoff. The founding Chief Executive was Chris Cummings. The report also led to the founding of Financial Services Trade and Investment Board, a partnership body sitting between the UK government and industry.

TheCityUK also sits on the government's Financial Services Trade and Investment Board. The Financial Services Trade and Investment Board (FSTIB) is part of HM Treasury and is a partnership between the UK government and industry. The board meets on a quarterly basis to develop high-growth initiatives such as Renminbi internationalisation, green finance and fintech. Its aim is to strengthen Britain’s position as the centre of global finance and deliver jobs and growth across the country.