TheCityUK's UK Competitiveness Tracker reviews the movement in a comprehensive range of financial services indicators as well as broader indicators of UK competitiveness that impact on the location of financial services in the UK.
- Competitiveness of financial services in the UK continued to improve in Q4 2013, mirroring the recovery in the wider economy. Eleven indicators of financial services activity were up and seven were down during the quarter. The recovery was even more evident over the long-term with thirteen indicators up and only three down over the past 12 months.
- The tracker is likely to see another rise in the first quarter of 2014 as the economy continues to recover.