Tag: Economy

London needs an immigration system that supports the capital’s unique characteristics

London has a greater reliance on foreign workers than the rest of the UK. The capital has long been a hub for immigration and EU workers make a vital contribution to the London and wider UK economy. LCCI-commissioned research found that the capital is three times more reliant on foreign workers than the rest of

LCCI Cyber Security Series Part 1: The smartphone

Recent government figures show that nearly half of all businesses suffered at least one cyber security breach or attack in the last 12 months.  Cybercrime truly entered the public consciousness in May this year, when a global ransomware attack on thousands of private and public sector organisations crippled NHS services in some parts of the

Cyber attacks – advice from NCSC

Following last month’s global coordinated ransomware attack on thousands of private and public sector organisations – most evident in the UK in the National Health Service – the National Cyber Security Centre (NCSC) reported no initial subsequent accounts of the same kind. But, the service added, it was important to understand that “the way these

Building bridges and growing networks

It’s been almost a year since Sadiq Khan won the election and asked me to become his deputy mayor for business. With his commitment to become the most pro-business Mayor London had ever seen, he handed me the formidable task of leading this effort, a task that was made more complicated when the UK voted

Confidence rising … but concern about cashflow

LCCI in partnership with leading polling agency ComRes have released the Capital 500 Quarterly Economic Survey for the first quarter of this year. The survey, taken before the triggering of Article 50 and the announcement of the June election, found that although businesses reported an increase in confidence and outlook for the year ahead there

We have seen pragmatism from business, now we need practical action from Government

It is a testament to the resilience of London businesses that, since last year’s referendum, we have not experienced any sense of panic about Brexit. Rather, firms across the capital have largely taken a pragmatic and level-headed approach to Britain’s exit from the EU. Following the coming General Election, they will look to new ministers

Brexit Q&A

How will the High Court ruling impact on Brexit? On 3 November 2016, the High Court ruled that the Prime Minister could not trigger Article 50 of the Lisbon Treaty (the process which sets in motion the UK’s withdrawal from the European Union over a two-year period) without recourse to Parliament.. The government has appealed

Fair trade – making the most of overseas exhibitions

International trade fairs provide an invaluable opportunity for businesses to target potential customers, win business, and boost your brand and reputation abroad, but you need to plan and orchestrate carefully. That was the message from LCCI’s recent seminar: How to make the most of trade fairs abroad which was held in the splendid library of

A look back at 2016

It’s been another busy year at the London Chamber of Commerce and Industry – over the last twelve months we have been: advancing the interests of our members’ to the new London Mayor and GLA; connecting our members through our successful networking events and International company trade missions; and offering our members’ the best range of practical

Calm and rational consideration needed

No one, least of all myself, can yet predict either the political endgame or the ultimate economic impacts of the transition that lies ahead. Most of the pronouncements we have seen and heard so far are little more than political warning shots, with the heavy artillery and the precision weapons held in reserve for later.