Recent news and events from Conservatives in the City and our patrons.
An evening with Mel Stride MP – Shadow Chancellor of the Exchequer
It was excellent to host the Rt Hon Mel Stride MP at our fantastic
reception last night supported by Aviva. Buzzing with ideas and excitement the Conservatives are planning for the future.
Conference 2024
At our conference event in October we hosted former City Minister, John Glen MP, TheCityUK and a representative from our sponsor, BlackRock UK. We discussed how to espouse the benefits of financial and professional services better. It was hugely informative and engaging!
Spring Drinks
We hosted our Spring Drinks in The Carlton Club in London last week and we had a fabulous turnout and a wonderful evening. It just so happened the Club was playing host to the Prime Minister that evening for a Political Committee dinner and so those who arrived early were treated to a few words from Rishi Sunak on the grand staircase – a real treat!
Breakfast roundtable with Bim Afolami MP
This week, in collaboration with H/Advisors Cicero, Conservatives in the City was delighted to welcome the City Minister, Bim Afolami, to a breakfast roundtable with representatives from across the financial sector.
The Minister gave an update on the Government’s ongoing reforms to financial services regulation, noting that the sector has a vital role to play in boosting the growth of the economy, and in turn, improving the living standards of people across the country.
He highlighted the bulk of work that has been underway following the passage of the Financial Services and Markets Act last year which will help ensure that the City of London remains a global leader in financial services for decades to come.
Aligning with the Government’s broader goal of boosting the attractiveness of the UK’s capital markets, he specifically pointed to the importance of building investor confidence in the City, with roundtables such as this providing a vital ongoing dialogue between industry and Government to help inform policymaking.
Guests had the opportunity to ask Afolami a range of questions on matters as diverse as regulatory oversight, approaches to policymaking, digital assets and retail banking.
Laura Trott MP becomes a CITC Patron
Laura Trott MP and new Chief Secretary to the Treasury has kindly agreed to become a Patron to Conservatives in the City!
Find out more about Laura here.
Protecting the Golden Goose, Financial and business services in the UK
Catherine McBride, one of our panellists at CPC23, wrote a paper based on her thoughts around how we protect and enhance our global leadership as a financial and business superpower.
Please find it here to read more.
14 Oct 2023
Women in Business
CITC hosted our first Women in Business panels in London sponsored by H/Advisors Cicero. We heard from Sonia Khan, former Special Advisor to Chancellors of the Exchequer, Caroline Wagstaff, CEO of London Market Group and Seena Shah, Board member of CITC and marketing director of a major UK industrial company.
Become a member to come along to more events!
19 April 2023
Spring Budget 2023
The Chancellor of the Exchequer announced the Government’s budget today outlining the fiscal priorities for the year ahead to address some of the most pressing issues to the people of the United Kingdom. Learn more about this here.
15 March 2023
Congratulations to our Patrons The Rt. Hon Kemi Badenoch MP (Secretary of State for International Trade), John Glen MP (Chief Secretary to HM Treasury) and Andrew Griffith MP (HM Treasury) for their appointments to HM Government under the new Prime Minister, The Rt. Hon. Rishi Sunak MP
30 October 2022
Fantastic to announce that City Minister, Andrew Griffith MP, has agreed to come on board Conservatives in the City as our newest Patron.
His experience in financial services and business is a huge resource to the Government and his political experience in HM Treasury and Number 10 are of immense importance to the country. Really please to have him aboard!
24 October 2022
Absolutely delighted to have been able to welcome Jackie Doyle-Price, Minister of State at the Department for Business, Energy and Industrial Strategy, to become our newest Patron of Conservatives in the City.
Her extensive career, before politic, will be an enormous benefit to the country, and as a little known fact, she holds the freedom of the City of London! Welcome aboard Jackie!
17 October 2022
On Monday 3rd of October we hosted our second Conservative Party Conference event with Felicity Buchan MP, Antony Manchester of BlackRock UK, Baroness Nicky Morgan and Miles Celic of TheCityUK. a few key themes that arose were:
🏢Our EU exit is a big opportunity to tailor financial regulation to our needs
📖We need agile, tailored, regulation
🌳We must capitalise on our world leading green finance sector
💰Government is supportive of the sector – it is key to enabling investment.
03 October 2022
On Friday 23rd September the UK government announced its new economic growth plan. The Growth Plan 2022 makes growth the government’s central economic mission, setting a target of reaching a 2.5% trend rate. Sustainable growth will lead to higher wages, greater opportunities and provide sustainable funding for public services. You can read more on this here.
25 September 2022
A fantastic piece highlighting the need to close the growth capital gap to keep the UK on the front foot of innovation in fintech. Remember: “During the pandemic, fintech has fast become the backbone of personal finance … a key contributor to vital business loan schemes.” You can read more on this here.
24 April 2021
A fantastic piece highlighting the need to close the growth capital gap to keep the UK on the front foot of innovation in fintech. Remember: “During the pandemic, fintech has fast become the backbone of personal finance … a key contributor to vital business loan schemes.” You can read more on this here.
24 April 2021
UK’s global fintech leadership bolstered by new review
An independent review has set out a plan for the UK to retain its global leadership in fintech by helping the country’s financial technology firms to scale up, access the talent and finance they need, and deliver better financial services. You can read more on this here.
26 February 2021
In recent years, sustainability has moved on from a corporate buzzword to become a measurable component of any business that wants to be successful in the 21st century. You can read more on this here.
19 February 2021
The future of cities: The age of urban miracles is not over. Will the Covid-19 pandemic permanently derail our urban world and end the eminence of the greatest global cities, like London? You can read more on this here.
26 January 2021
More than 120,000 jobs for 16 to 24 year olds have now been created through the government’s flagship Kickstart Scheme, as ministers have urged more employers to get involved. You can read more on this here.
25 January 2021
City of London sets out five year post-pandemic recovery plan. The City of London wants to foster growth in sectors such as green finance, fintech and the creative industries, according to a post-pandemic recovery plan for the financial district. You can read more on this here.
14 January 2021
Home Publications Changing consumer behaviour has big implications for councils, not just businesses, and especially for those in major cities. Changing consumer behaviour has big implications for councils, not just businesses, and especially for those in major cities. You can read more on this here.
21 December 2020
City of London Corporation teams up with Amazon to cut delivery vehicles and improve air quality.
The City Corporation’s Transport Strategy commits to ensuring the Square Mile is a healthy, attractive and easy place to live, work, learn and visit. It outlines the need to reduce the impact of motorised freight on the City by delivering a programme which includes Last Mile Logistics Hubs.
You can read more on this here.
15 December 2020
UK’s first ever green gilt – and today we’re opening applications for the provision of structuring advice to help us with this project. You can read more on this here.
08 December 2020
New taskforce to boost socio-economic diversity in UK financial and professional services sectors. A firm Govt commitment to broaden the socio-economic diversity of our financial and professional services. You can read more on this here.
24 November 2020
“I think we’ve got to accept the fact that there is potentially an existential threat to central London as we know it.” For the Mayor of London to have done nothing to engage business, nor seemingly any plan of how to address this, does not augur well. You can read this here.
23 November 2020
Only transformative private sector growth can save our economy as Bim Afolami writes for Times Red Box. You can read this here.
12 November 2020
1000 Companies to Inspire is London Stock Exchange Group’s celebration of some of the fastest-growing and most dynamic small and medium-sized enterprises in the UK and Europe. As well as identifying 1,000 companies, the annual reports examine in detail the opportunities and challenges facing SMEs and looks at the sectors and trends that will shape the future of the British and European economies. You can read this here.
03 November 2020
Former Prime Minister David Cameron is among high-profile figures who have thrown their weight behind a new initiative aimed at increasing the number of internships available to black candidates. You can read this here.
26 October 2020
The City of London Corporation has pledged to “reinvent itself” by encouraging small businesses and artists to “re-enter the city centre”, as the capital attempts to shake off the economic damage of the pandemic. You can read this here.
20 October 2020
A consultation to explore how the UK regulatory framework for financial services needs to adapt to our new position outside the EU. Find out more here.
14 October 2020
This ConservativeHome fringe event, hosted in partnership with TheCityUK, features:
– John Glen MP, Economic Secretary to the Treasury and City Minister
– Miles Celic, CEO, TheCityUK You can watch the event here.
04 October 2020
“Covid-19 gives us the chance to examine deeper questions about the nature and direction of economic policy. I believe it is time to have a rethink of our economic philosophy as a Conservative Party, and rediscover some fundamental Conservative principles.” You can read the article here.
14 September 2020
“With the Brexit transition period drawing to a close, the United Kingdom has a unique opportunity for legislative and regulatory reform.” An excellent piece in City A.M. from our patron, Bim Afolami MP, on the bright future for the UK’s financial services sector. You can read the article here here.
3 September 2020
Great to see two of our patrons, Kemi Badenoch and Bim Afolami, nominated by the Patchwork Foundation for #MPoftheYearAwards for their work with disadvantaged and underrepresented communities. You can cast your vote here.
15 August 2020
The One Nation Caucus released their third report in their series on “One Nation Recovery Papers”, setting out options for how to protect the environment and tackle climate change while boosting the economic recovery. This paper had an excellent contribution from our patron, Anthony Browne, MP for South West Cambridgeshire.
13 August 2020
The One Nation Conservatives caucus published this report on upward mobility, true to “One Nation” principles as laid out by the founders of modern Conservatism. It sets out options for how to boost opportunity and social mobility and has contributions from two of our esteemed patrons: Felicity Buchan and Anthony Browne.
3 August 2020
The Government published its annual HM Treasury – Women in Finance Charter review. The report showed great progress and the continued impact of the charter which aims to encourage the financial services industry to improve the gender balance in senior management. The Charter, which now has over 370 signatories covering 900,000 employees, was launched by our patron, Harriet Baldwin, when she was Economic Secretary to the Treasury in 2016.
21 July 2020
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