Our global offer to business

Enabling regulatory & legal environment

Executives rate the UK with 1.4 on a scale of -2.5 to 2.5 for its quality of public services, policy formulation and implementation, and the credibility of a government’s commitment to such policiesOf the major economies, the UK’s regulatory framework is leading. It sets international standards, is at the forefront of innovation, and offers the lowest corporation tax rate of all G20 economies.

With global challenges on the horizon – a return to stability and predictability will reinforce businesses' confidence in the UK.

The UK is the first global financial centre that pioneered both a regulatory sandbox and open bankingFinancial services executives world-wide perceive the UK as having the most favourable regulatory regime for financial services. The UK’s regulatory environment is at the forefront of innovation and provides the financial and professional services sector with an environment in which they can access regulatory expertise and effectively test their products and services. The UK’s financial centre is in close proximity to its political centre, and English Law is the world’s business law.

40%

of all corporate arbitrations globally use English common law

1st

The UK is the first global financial centre to pioneer both a regulatory sandbox and open banking

19%

The UK’s corporation tax rate is the lowest and most competitive rate of the G20 economies

Partner story

Revolut: "The UK market's openness to innovation makes it the ideal place for us to launch groundbreaking products and services"

Revolut: "The UK market's openness to innovation makes it the ideal place for us to launch groundbreaking products and services"

Partner story

Smart Pension: 'Plain and simple - the UK is massively conducive to doing business'

Smart Pension: 'Plain and simple - the UK is massively conducive to doing business'

The UK is the most competitive major economy for both business and individual income tax and contribution ratesWhilst Singapore and Hong Kong have lower corporation and individual income tax rates, the UK has the most competitive tax rates of all major economies that are a global financial centre

Of the major economies, the UK has the most competitive tax framework. With the lowest corporation tax rate of all G20 economies, a simplified tax system, and a large international tax treaty network, the UK is a broadly more attractive destination for financial and professional services firms than the US, Germany, and Japan.

The UK is a more open global financial centre than the US and Germany and supports businesses to trade internationallyThe UK has fewer controls on the movement of capital and people than the US and Germany, which makes it a more open global financial centre and supports businesses to trade internationally

The UK is a more open financial centre than Germany, Japan, and the US. Of these economies, the UK’s regulatory framework is most aligned with international standards. Low restrictions on services trade mean policy-induced trade costs for financial services firms located in the UK are lower than in most other markets.

"London’s position as the fintech capital of the world has been hugely beneficial to Global Processing Services’ growth journey, owing to its standing as an attractive fintech investment hub, its pool of exceptional tech talent enabling operational excellence, and a forward-thinking regulator."

Joanne Dewar, Chief Executive Officer Global Processing Services (GPS)

London and the UK’s competitive strengths in a changing world

Our world-leading competitiveness is built on longstanding strengths accelerated by a commitment to innovation