Today, the newly opened Elizabeth Line enables people to move across the capital like never before, transforming the geography of London for commuters and visitors alike. After BusinessLDN brokered the innovative funding package, the line demonstrates what can be achieved when businesses and policymakers connect to find solutions that benefit the UK.
But challenges remain. Major investments to enable growth are being scaled back or put on ice. Uncertainty hangs over everything from the future of road pricing in the capital to the structure of the UK’s rail network. Meanwhile, the world is reopening for business. International trade routes have long been one of London’s competitive advantages to the UK, but reclaiming the top spot in Europe cannot be taken for granted, and the need to decarbonise is urgent.
We will continue to be active in shaping sustainable solutions to keep London moving by road, rail and river to reduce congestion and improve air quality. The drive to decarbonise transport should not mean less travel but more sustainable travel – and this includes for aviation, which is critical given the capital’s role as a global trading hub.
The next phase of London’s connectivity journey must focus on keeping Londoners moving, improving how freight and deliveries travel around the city, winning the global race for trade and ensuring our work on the Data Charter keeps London competitive. BusinessLDN will continue pushing for London to be a green, efficient, and affordable springboard for businesses wanting to access the UK and the rest of the world.