Responding to the latest ONS GDP statistics, which show the UK economy grew by 0.6% in the second quarter of this year, Muniya Barua, Deputy Chief Executive at BusinessLDN, said:
“Taylor Swift and the Euros both helped the UK economy shake off concerns about a significant slowdown in growth over the second quarter.
“The Government now needs to build on this momentum by taking steps that unlock private investment, turbocharge growth and get London firing on all cylinders.
“This should include overhauling the apprenticeship system to increase take up, agreeing a multi-year funding deal for Transport for London to keep the city moving and delivering on devolution pledges so local leaders have the powers and resources needed to boost regional economies.”