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With April payroll approaching, London Chamber of Commerce and Industry is warning that unless banks up the pace of lending, then some of the capital’s SMEs will soon be out of business.
Read MoreWith coronavirus continuing to impact the country and the NHS under increasing pressure, London Chamber of Commerce and Industry members are playing a key role in helping the capital and health service to respond to the crisis.
Read MoreLCCI CEO, Richard Burge, writes about bank behaviour during the coronavirus crisis.
Read MoreWith new research from the British Chambers of Commerce revealing that nearly a fifth (18%) of businesses have less than a month of cash in reserve, and nearly half (44%) 1 to 3 months’ worth – London Chamber of Commerce and Industry has again called for the financial sector in the city of London to show its support to the SMEs of the capital and UK.
Read MoreWith the Government support package for both employed and self-employed having been announced, but remaining weeks away from access for many, London Chamber of Commerce and Industry has issued another rallying cry for the financial institutions of the city of London to act in the national interest by actively demonstrating support to SMEs.
Read MoreLCCI react to the support package announced by the Chancellor to support self-employed people whose business is impacted by coronavirus.
Read MoreLondon Chamber of Commerce and Industry has today written to its membership, reminding them of the Government’s coronavirus guidance and the need for the capital to ‘engage with the spirit of the new restrictions not just the letter.’
Read More'Comply with the spirit, not just the letter' - LCCI CEO Richard Burge responds to government's new coronavirus measures.
Read MoreLCCI CEO Richard Burge responds to the coronavirus business support measures announced by the Chancellor (on Friday March 20).
Read MoreLondon Chamber of Commerce and Industry has today issued a rallying cry for leaders of the financial and professional services ecosystem in London to pull together to increase bank lending until the Government’s coronavirus support measures are in place – in order to avoid SMEs across the UK going out of business.
Read MoreCommenting after a meeting of business groups with the Mayor of London about the economic impact of coronavirus, LCCI CEO Richard Burge said:
Read MoreRichard Burge, Chief Executive of London Chamber of Commerce and Industry, said: “Businesses will be pleased to see the Chancellor announce a pragmatic range of measures, especially on business rates relief, which help to take the pressure off of their cashflow whilst coronavirus brings detrimental economic impact.
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