News and Views

London's Confidence Boost

According to a Business survey by the Confederation of British Industry, businesses in London are more enthusiastic about the future, the Evening Standard reports. 

2016 was a year of great upheaval with only 4% of businesses surveyed showing optimism about the future; however, the most recent figures indicate that this has increased to 19%. 

As previously reported, London remains strong despite the uncertain political situation caused by “Brexit” vote and the US Presidential elections; and the expected mass exodus of businesses from the capital has not materialised, with 54% of firms planning to definitely remain in London according to the survey.

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