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The Latest Breaking News from BusinessLDN

Britain faces lost decade after Reeves Budget failed to shift growth dial, say London bosses

They are setting up their own Growth Commission to identify measures to boost London firms and the UK economy

Evening Standard

'Chilling effect' of Budget briefings cost London jobs, say bosses as Reeves defends her tax and spend plans

They also warned the Chancellor’s measures would have ‘little to no impact on growth in the round’

Evening Standard

Bin collections under threat in some London boroughs from town hall funding cuts, warn business leaders

Bosses warn London will be particularly badly hit by the controversial reforms

Evening Standard

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Scrap tourist tax, university foreign students levy and cut stamp duty on shares to boost London, Reeves urged

The Chancellor could also create new jobs and more homes by supporting new transport schemes for the city, say London bosses

Evening Standard

Rachel Reeves wants to eat the rich, but London needs a better boost

As the super-rich take their money out of the capital, there are easy wins the Chancellor could take in her Budget, reports Jonathan Prynn

Evening Standard

London needs more new towns such as Thamesmead to hit its housing targets

In the first three months of the year, 23 out of London’s 33 boroughs recorded zero housing starts

Evening Standard

London councils will be ‘unable to provide basic services’ after government funding shake-up, warn businesses

BusinessLDN – which represents more than 170 of the city’s largest employers – urged ministers to ensure that the Fair Funding Review takes account of the city’s higher costs and levels of deprivation

Evening Standard

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We need more creative funding to unlock vital infrastructure for London

TIF agreements allow local governments to borrow against future tax revenues

Evening Standard

New fundraising powers for Sadiq Khan could unlock billions for Tube extensions, report claims

Evening Standard

Business group urges Government to build new town inside London boundary

‘London has the connectivity, demand and political set-up needed to get spades in the ground swiftly,’ BusinessLDN argues

Evening Standard

London devolution & James Bond spy tunnels plan: The Standard podcast

Plus a full automated transcript of today’s episode

Evening Standard

OPINION - The Standard View: The quick (and low cost) wins to boost the capital

Listen here on your chosen podcast platform.

Evening Standard

East London businesses unite to form new growth group

The East London Growth Potential Group brings together businesses including London City Airport and the ExCel, as well as business group BusinessLDN

Evening Standard

Starting pay in London rising at the slowest pace since lockdown

The level of new hiring also continued to decline.

Evening Standard

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Evening Standard

Next Mayor ‘needs far bigger share of tax take’, major London business group says

BusinessLDN pointed out that currently the Mayor and boroughs keep only a “tiny” 7% of tax revenues raised in London, compared with 50% in New York

Evening Standard

Here’s how to fix the UK’s broken childcare system

City Voices: Fixing our childcare system should be seen as a business and economic imperative, as well as a social one

The Guardian - UK

Budget 2024: Hunt urged to boost UK economy by fixing ‘broken’ childcare system

London business group says clarifying funding for providers could deliver £11bn economic prize by freeing more adults to work

Evening Standard

‘Urgent warning’ for Government as jobs slowdown looms

This morning, professional services recruiter PageGroup became the third recruiter to warn of a hiring slowdown in the space of a week

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Evening Standard

London jobs market weakens at fastest pace since 2020

London busienss leaders said the figures should be a warning to Jeremy Hunt.

Evening Standard

The ‘low hanging fruit’ on London businesses’ Autumn Statement wishlist

Next month’s Autumn Statement is unlikely to be one filled with tax cuts and lavish spending plans

Evening Standard

BusinessLDN calls for VAT-free shopping, TfL guarantees and rates reform in Autumn Statement wishlist

BusinessLDN CEO John Dickie said the body focused on “low-hanging fruit” that could boost growth at a lower upfront cost

Evening Standard

Childcare ‘unaffordable’ for half of London parents as many families are pushed into debt

Government must step in to help working parents with the childcare ‘juggling act’, business groups say

Evening Standard

London bosses ramp up calls for Jeremy Hunt to axe ‘tourist tax’ making Paris, Madrid and Milan ‘winners’

Dispute rolls on over the cost and benefits of restoring tax-free shopping for international visitors

Evening Standard

London firms’ hiring expectations improve, but ‘still a long way to go’

The overall hiring outlook still remains negative

Evening Standard

BusinessLDN: Chancellor must unlock London growth to drive UK economy

“The Chancellor is going into this budget with very limited room for maneouvre, so we can’t go in with a huge shopping list,” CEO John Dickie said.

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