Gilles Roth, Luxembourg's Minister of Finance; Credit: © SIP / Claude Piscitelli

On Tuesday 11 November 2025, Luxembourg’s Minister of Finance Gilles Roth travelled to London as part of a financial mission organised with Luxembourg for Finance (LFF) to discuss European market integration and competitiveness with leading representatives of the British financial sector.

According to the Ministry of Finance, the companies he met with expressed their intention to continue and strengthen the development of their European activities from Luxembourg.

The minister also took part in a high-level dinner organised by the Financial Times in partnership with LFF, bringing together international decision-makers from the financial sector.

In his address, Minister Roth reiterated the importance of the partnership between Luxembourg and the United Kingdom and called for European diversity to become a true driver of international competitiveness. He emphasised: “Europe lacks neither ideas, nor talent, nor savings. What it lacks is scale. We must connect our markets and allow innovation and capital to move freely across borders.”

The minister also stressed that centralised supervision is not the right path to achieving this goal: “What we need is trust, consistency and convergence of supervisory practices, not additional layers of bureaucracy. The objective must be to broaden markets and stimulate growth, not to burden institutions.” 

He concluded by calling for greater trust and integration to restore Europe’s competitiveness and economic leadership.

The Ministry reported that during the mission, Minister Roth also appeared live on Bloomberg’s programme “The Opening Trade”, where he highlighted the urgent need for Europe to strengthen its competitiveness in the face of unprecedented investment demands - from digital transformation to energy transition and defence. He underlined the key role of Luxembourg’s international and cross-border financial centre in mobilising these funds.