Growth Unleashed

Boosting the City to drive UK growth through a renewed spirit of ambition, innovative tech and our many communities.

London is the number one global financial centre, however, we face strong competition from around the globe. We have the experience and talent to succeed. But we need to create the conditions for growth, ensure people have the tools they need to innovate, and embrace the diverse communities that make the City unique. Growth Unleashed is a commitment to be bolder, think smarter and take our foot off the brake.

This year we will:

• Reset risk appetite to ensure we are seizing every great opportunity.
• Embrace the white heat of technology to keep the UK ahead of the game, with the UK Financial and Professional Services being habitual early adopters of dynamic new technologies.
• Amplify our many communities to tap into everyone’s talent and skills.

The Mayoral Theme will be split into three pillars of activity; growth optimisation, seizing the white heat of technology, and communities. All activity will have the high-level objective of driving growth.

Programme Pillars

Growth Optimisation

The UK takes more positive risk to access the reward levels required for growth.

White heat of technology

UK FPS is habitually the early adopter of dynamic new technologies. The City is recognised as location for scale-up funding.

Communities

The City and the UK’s many communities are amplified, celebrating the incredible work they do and promoting investment and excellence in UK FPS.

Background

The Growth Unleashed year will focus on driving growth through celebrating the successes and diverse communities within our square mile, driving the adoption of technologies that give us the competitive advantage, and challenging industry to maximise opportunities through responsible risk taking.

The City and UK Financial and Professional Services sector is globally recognised and celebrated. As demonstrated in the recent competitiveness benchmarking report published by the COLC, the City ranks as the number one financial market in the world.

This leadership is not without competitive threats. Maintaining the world leading position is dependent on the City’s people, infrastructure, and culture. Successes must be celebrated to ensure the perception of the City matches its ranking, and we must support our stakeholders in continuing to drive economic growth and the City’s competitive advantage.