Keeping our capital working for the UK

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New Prime Minister: New Agenda for London

Business organisation London First has put together an agenda for action for the incoming Prime Minister. A Ten for Number 10, that lays out London business’ priorities for both capital and country.

Baroness Jo Valentine, chief executive of London First, said:

“A new Prime Minister will have a new vision for the country, a new vision for London. Our Ten for Number 10 sets out business’ priorities – the most important issues for Government in maintaining the global competitiveness of the UK’s capital. London’s current success cannot be taken for granted and the incoming Prime Minister must commit to the capital to safeguard UK economic well-being.”

Ten for No.10

  1. Make work pay – break the benefit trap, learning from Clinton in the US, and make a difference to inner London poverty
  2. Get people into jobs, not just classes – listen to employers, refocus skills training and give people the skills to win and hold down jobs
  3. Crossrail – deal or no deal? Commit the cash to kick off construction
  4. Don’t play games with the Olympic legacy – appoint a Cabinet-level Olympics Legacy ‘Tsar’ so that we don’t squander the legacy
  5. Don’t squeeze the Tube – fund improvements to the Tube, make services more reliable and rush hour more bearable
  6. Power to the people – give London’s elected politicians the tools to run London and slim down GOL (Government Office for London)
  7. Tackle the jams choking our roads – commit to road pricing and plough money raised back into our roads, buses and open spaces
  8. Streamline taxation – make it less complex and more attractive to new investment and high quality jobs
  9. No new planning policies – encourage more house and office building with a moratorium on new legislation and guidance
  10. Wanted: talented allcomers – manage migration to give London the best workforce and effective public services

For further information, please contact Graham Capper on 020 7665 1505 / 07983 611 227 or Lauren Preteceille 020 7665 1471 / 07977 297 811

Notes to Editors

London First’s Keeping the UK Competitive report highlights how investment in London pays out a dividend split roughly 50:50 with the rest of the country. Download a copy

London First is a business membership organisation whose mission is to make London the best city in the world in which to do business. London First undertakes this by mobilising the experience, expertise and enthusiasm of the private sector to develop practical solutions to the challenges facing London. London First also seeks to persuade central and London government to make the investments that London needs in its infrastructure.

London First delivers its activities with the support of 300 of the capital’s major businesses in key sectors such as finance, professional services, property, ICT, creative industries, hospitality and retail. Membership also includes all of London’s higher education institutions as well as further education colleges and NHS hospital trusts. London First members represent 26% of London’s GDP.”

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