New steps towards devolution for London were welcomed by London Chamber of Commerce and Industry following November’s Autumn Statement. Chancellor Philip Hammond announced that London will receive £3.15 billion as its share of national housing budget to deliver more than 90,000 homes. In addition the government will devolve the adult education budget to London and
The late Labour Prime Minister Harold Wilson famously said at the time of the 1964 sterling crisis that “a week is a long time in politics”. How, one wonders, would Mr Wilson describe the current political climate in the UK? In the year since the last Autumn Statement a lot has changed, to say the
London business are concerned – but not panicking – about Brexit, according to a widereaching new LCCI report London Businesses and Brexit: reactions, expectations and requirements. The report is the result of polling more than 500 businesses by ComRes, and in-depth roundtable discussions with LCCI members over the summer. It is clear that London firms
More than four in five London businesses say increased investment in infrastructure is important for the UK economy in the period between the referendum and the start of Brexit negotiations according to a new survey by ComRes for London Chamber of Commerce and Industry (LCCI). The poll of more than 500 business leaders found that
More than two in five of businesses say they are worried about the forthcoming revaluation of business rates, according to a survey carried out by London Chamber of Commerce and Industry (LCCI) last month. The figure rises to 55 per cent among those employing ten or more people with a third of all businesses saying
