Friday 9 June 2017

London Chamber says forming a credible Government is essential

One of London's biggest business lobby groups has today called on political party leaders to establish a credible Government as soon as possible so they can get to work and prioritise infrastructure projects to protect and re-energise the whole country's economy.

London Chamber of Commerce and Industry (LCCI) believes it is vital for a new government to protect the country for any further instability.

LCCI Chief Executive Colin Stanbridge, said: "A hung parliament is a hugely frustrating result for businesses, only creating more uncertainty on top of the recent impact of the referendum vote, increasing costs and currency fluctuation.

"There is no time to waste in establishing a good deal for London in the Brexit negotiations and protecting the country's economy but protecting the capital's economy.

"Pivotal to that is infrastructure investment in London as well as securing the rights of EU national in the UK as well as ensuring we have access to skills in the necessary numbers to protect our workforce.

"We must also look to equip the next generation with the skills it needs to succeed."

Before the election LCCI published its London Business Manifesto "Capital Matters" setting out its key asks for the next Government to ensure that London continues to maintain its status as a globally competitive city.

ENDS

Media Contact
Katharine McGee
T: +44 (0)20 7203 1897
M: +44 (0)7827 241528
E: kmcgee@londonchamber.co.uk

NOTES TO EDITOR:
1. LCCI is the capital's most representative business organisation, with members ranging in size from multi-national companies to SMEs and sole traders.
2. Colin Stanbridge, Chief Executive, is available for further comment and interview.
3. More information on each of the priority areas is available by contacting the media office on the contact details above.
4. For a copy of Capital Matters, please click here