The Mayor of London, Sadiq Khan, has formally launched his new interactive hub to help companies navigate Brexit.
Sadiq said that despite the heightened uncertainty caused by Brexit, London will always be the greatest city in the world in which to do business.
The Mayor’s new Brexit Business Resource Hub will aim to help businesses of all sizes prepare for the potential challenges Brexit will bring.
The Hub has been set up in response to a consultation that the Mayor held with businesses last month to determine exactly what support they need from the Government to help them prepare for the impacts of a ‘no deal’ Brexit, and identify where City Hall can step in to fill any gaps.
The consultation revealed that businesses feel they have not had sufficient guidance from ministers on how to prepare for Brexit.
The Hub contains Brexit-related news, links to industry-specific reports and checklists, and an events calendar, with information on all Brexit related events taking place across London. It is part of the Mayor’s London Growth Hub that was launched two years ago as a one-stop shop for all business support in London, in partnership between the Mayor and the London Economic Action Partnership (LEAP).
The Mayor of London Sadiq Khan, said: “I recognise that a vibrant private sector – one that comprises of businesses, large and small – is absolutely vital for a strong and successful society.
“I’m under no illusion about the massive contribution businesses make – not only to London, but to the whole country. It’s why when I stood for this office, I vowed to be the most pro-business Mayor ever.
“And as we seek to navigate this period of heightened uncertainty, I want you to know that I’ll continue to stand up for your interests.
“Yes – we face some difficult days ahead. But I’ll continue to bang the drum for our city – getting the message out there – loud and clear – that London remains open. Open to business. Open to investment. And open to talented people from around the world. Be in no doubt, London is – and always will be – the greatest city in the world to do business.”
Crashing out of the EU with no deal could result in 500,000 fewer jobs across Britain by 2030 than if we remained a member of the EU – 87,000 fewer in London alone – and up to £50 billion lost in investment across the UK, according to independent economic analysis published by the Mayor earlier this year.
Jasmine Whitbread, CEO of London First, said: “With less than six months to go until we leave the EU, this new business hub will act as a valuable one-stop shop for advice and support to the capital’s firms navigating Brexit uncertainty.”