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London Chamber of Commerce and Industry Chief Executive, Colin Stanbridge, comments on the Government's rejection of the Brexit deal.
A major survey has highlighted the loss of confidence in the London and UK economy amongst the capital’s businesses – with London Chamber of Commerce and Industry (LCCI) calling on the Government, London’s Mayor, and the Mayoral election candidates to urgently act upon the findings.
Airports are gateways to the UK’s island economy and Ministers should be ensuring that every assistance is provided to enhance the resilience of the UK’s air gateways.
75% of the London businesses that we recently polled still have not made any provisions in preparation for Brexit.
It is welcome that Ministers have seen sense and will now consult on their proposed £30,000 salary threshold – however, we can tell them already that such a figure would be damaging not just to the London economy, but to the UK economy as a whole - as workers of all skills levels are needed in every sector.
Ahead of the anticipated release of the Government’s Immigration White Paper, London Chamber of Commerce and Industry (LCCI) has called for London City Hall to have a new role in administering immigration for the capital.
New polling has found that 75% of London businesses have not yet made any provisions in preparation for the possible effects of Brexit.
Colin Stanbridge, Chief Executive of London Chamber of Commerce and Industry, said:
“While it's welcome that additional funding has been found to keep Crossrail on track, let's have clarity on the actual delivery date - to help businesses plan and prepare.
Commenting on the Draft EU Withdrawal Agreement, Colin Stanbridge, CEO, London Chamber of Commerce and Industry said:
“Grandstanding and resignations may satisfy political egos but do not help the country and the businesses that create the UKs wealth.
According to a major new poll of the London Public, Business leaders and Borough Councillors, immigration is seen as having had a positive impact overall over the past five years, with the growth of International student numbers seen as good and highly-skilled workers seen as the most important group for the capital’s economy.