Responding to today’s King’s Speech at the State Opening of Parliament, John Dickie, Chief Executive at BusinessLDN, said:
“The new Government has rightly put accelerating growth at the heart of its agenda for this Parliament. Unleashing London’s full potential as an economic engine for the whole UK will be essential to achieving its missions.”
On employment
“We back the objectives behind the new Employment Rights Bill and welcome the commitment to consult with employers on the plans. Many businesses across the capital are already leading the way on working standards. Striking the right balance between maintaining flexibility for individuals and businesses, supporting employees, as well as encouraging investment into the UK will be key to its success.”
On devolution
“Now the Government has committed to greater devolution, the Mayor of London – and other metro mayors across the country – should be given additional powers and funding as they are best placed to meet the needs of their local areas. As part of this, Transport for London should be granted a multi-year funding deal to bring the capital in line with other regions.”
On rail
“We support the Government’s aim to improve the performance of our rail network. Great British Railways should be established in close consultation with regional Mayors and businesses to ensure it serves local communities effectively.”
On planning
“Unblocking the planning system is critical to boosting development and growth across London and beyond. If the Government’s ambitious housing targets are to be met, releasing low quality‘grey belt’ land will play an important role. This should be delivered alongside reforms that allow local authorities to charge-cost reflective planning application fees so they have the resources to deliver a more reliable and efficient service.”