Monday, 27 June 2016

Brexit #londonisopen

From: CEO
Sent: 24 June 2016 11:57
Subject: London is Open
I understand that you may be considering how this decision could impact your business and, as the Chief Executive of the Capital’s promotional and economic development company, I wanted to reach out to you and to remind you that my team is here to support you.
The first thing to say is that this vote does not change London's fundamental position as the world’s pre-eminent business city and as one of the most desirable cities in the world in which to live, work and build a global business.
London is the leading centre in Europe for technology and life sciences. We have more universities ranked in the world's top 100 than any other city and attract thousands of international students from all over the world. London is a world-class centre of creativity and innovation and a cultural powerhouse, with 215 museums, 857 art galleries and 245 live music venues.

In short, this vote does not alter London's position as one of the world’s truly global cities, a city which is open, welcoming and cosmopolitan.  

So what happens next?

The process and timeline for leaving the European Union, and the terms on which this will be achieved, will now be negotiated. This is a matter for UK Government and Parliament and it will take a number of years. 

It is in the interests of the EU member states and institutions for the exit process to be smooth and equitable, and there is no evidence to suggest that this will not be the case. 

It is also worth reminding ourselves that the vote was driven by UK citizens’ desire to leave a political union. All of the main UK parties are in favour of a deep, trading relationship with the EU as indeed the Mayor makes clear in his statement.

So, for now and until the facts are clearer, I would counsel against acting in haste and, instead, keep a watching brief on developments. There will be ample time to develop and effect business plans based on proper analysis of the facts as they become clear.

At London & Partners we put our clients first and we pride ourselves on helping you to make better informed decisions more quickly by providing confidential, expert advice based around your best interests. I would, therefore, encourage you to stay in contact with my team as you consider the implications of this decision. As always, we are keen to hear from you and understand your perspective. Next week I will send to you a short survey and would appreciate any feedback that you are able to offer.

I am confident that London will remain a world class centre for international business during, and after, the UK’s exit from the EU. I am also committed to continuing to support your growth in our great city.

Yours sincerely,

Gordon Innes

Gordon Innes
Chief Executive

London & Partners is the official promotional agency for London attracting and delivering value to businesses, students and visitors. London & Partners is a not-for-profit public private partnership, funded by the Mayor of London and our network of commercial partners.

London & Partners Limited is registered in England and Wales under No: 7493460.  Registered office 6th Floor, 2 More London Riverside, London SE1 2RR

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