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Making the capital 24-hour ready

The long awaited Night Tube service will be launched in August and the Mayor has announced he will appoint a Night Czar. This has brought London’s night time economy (NTE) to the fore.

Last week London First and EY hosted a cross section of members and the newly appointed Deputy Mayor for Culture, Justine Simons OBE, at a private dinner in the Mayfair Hotel to discuss how to make the capital 24-hour ready. The event attracted a range of business interests who discussed the challenges and competing interests around servicing a modern 24-hour economy.

EY have commissioned an economic impact analysis to quantify the value of the NTE to London and its opportunity for growth. The findings will be released later in the summer and feed into the evidence base of the GLA’s Night Time Commission. They will publish recommendations later in the year on how London captures the opportunities around the 24-hour economy.

London First is a member of the Night Time Commission and is planning a number of informal sessions with members to develop our thinking around the key recommendations.

We are particularly interested in how the 24-hour economy is serviced, and how smoothing of economic activity outside of core business hours can ease some of London’s growth challenges around transport and deliveries.

If you are interested in contributing to this work please get in touch with David Lutton, dlutton@londonfirst.co.uk

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