Our view on the Transformation of Oxford Street
London Chamber of Commerce and Industry (LCCI) broadly supports the proposals put forward in TfL’s plans for the transformation of Oxford Street. By 2020 the capital is forecast to reach a population of nine million and London could achieve ‘megacity’ status by as soon as 2027 with over ten million citizens. We need to consider innovative ways to address congestion and transform Oxford Street into a world-class place to live, work and visit. Businesses across London support the pedestrianisation of Oxford Street, but it must be done right with measures put in place to support local businesses who might be adversely affected.