With the latest employment data showing the devastating impact Covid-19 has had on London’s economy, London Councils is launching a blueprint for how boroughs will work with the business community to boost recovery.
London Councils’ Pledges for Business set out how boroughs will build on the positive relationships forged during the pandemic, pledging to provide business-friendly services, take a pragmatic approach to licensing and support the night-time economy in their role as local placemakers and business champions.
Cllr Elizabeth Campbell, London Councils’ Executive Member for Business, Economy and Culture said: “I remain very positive for our great city’s future. London is a global business hub, with some of the world’s most-visited attractions and best-loved cultural venues. We are also lucky to have unique local areas and highstreets across the capital, which we must protect and encourage to thrive.
"Working with national government, boroughs were able to throw businesses a lifeline during lockdown, delivering £6.9 billion in business rate reliefs and grants. Now, we want to boost recovery to deliver sustainable economic growth, good jobs for our communities and ensure London remains a thriving city known for its vibrant cultural, hospitality and retail sectors.”
