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Europe: what comes next

Last week the London First board met with business leaders and the new deputy mayor for business Rajesh Agrawal, to discuss the outcome of the European Union referendum results and what comes next for London. We’ve been listening to what our members and the broader business community have been saying.

Out of our conversations, a paper has been produced which we have shared with a few key people in Whitehall as a starting point and a first engagement, outlining our first thoughts on what comes after the EU vote – distilled into four priorities:

  • Our central, critical requirement is the continued ability to trade as freely as possible with the European Union,
  • It is essential to ensure the easy movement of appropriately qualified people in response to business needs,
  • The government must signal that the UK is open for business and that the reins of decision-making have been gripped,
  • Alongside government action, the Mayor of London needs any additional powers necessary to pursue an active economic development agenda.

In parallel to speaking with our members and absorbing their insights, we’ve been speaking with political decision-makers. On Thursday, London First attended a private meeting with the Mayor – along with the Deputy Mayors, Borough Leaders and the co-chairs of the APPG for London – to discuss devolution.

The same day, we attended a private session with Department for Transport’s Permanent Secretary, Philip Rutnam, and the rest of the Executive Team, to discuss transport and infrastructure priorities in the new world order. Airports expansion was high on the agenda, along with HS2, Crossrail 2 and the Northern Powerhouse.

We are keen to hear your views and business updates, please do share these with your London First contact, and join us for a Brexit debrief session in august:

Member events: Brexit debriefs – register now

As we prepare the London First 2016-17 business plan, we are holding a summer series of member sessions to understand the implications of the referendum vote for the London business community and how this might inform our work across our policy and campaigning areas.

Each one has a specific theme and they will all be wide-ranging. Please let us know if you would like to attend or pass this invitation onto a senior colleagues where it might be more appropriate:

  • Growing global trade – creating the conditions to allow London’s
    services sector to flourish
    Wednesday 10 August 2016, 8.15am for 8.30am to 9.30am, kindly hosted by EY
  • Building for growth – housing, planning and the built environment
    Wednesday 17 August 2016, 8.15am for 8.30am to 9.45am, kindly hosted by
    Nathaniel Lichfield and Partners
  • Developing home grown skills, attracting overseas talent
    Thursday 18 August 2016, 8.15am for 8.30am to 9.45am, kindly hosted by
    Radisson Blu Edwardian
  • Investing in Infrastructure
    Tuesday 23 August 2016, 8.15am for 8.30am to 9.45am, Central London location

If you would like to attend any of the events, please contact: Laura Sarmiento, by Thursday 28 July, indicating which event(s) you would like to come to.

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