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• Reference: 2023/1478
• Question by: Navin Shah
• Meeting date: 23 July 2020

What are the main challenges for London's economy as it emerges and recovers from the impact of COVID-19?

• Question by: Leonie Cooper
• Meeting date: 23 July 2020

Léonie Cooper AM: Thank you very much, Chair. My question is to Jordan. Thanks very much for that introductory statement. Small and large businesses have had to adapt their business models, as you were pointing out, and all of their ways of working to deal with the pandemic situation since March. However, from September, they face the prospect of having to change their business models again to adapt to the changes that will come at the end of December with the no-deal Brexit. Carolyn Fairbairn [Director-General, CBI] has had a lot to say about the Brexit situation. I just wondered...

• Question by: Caroline Russell
• Meeting date: 23 July 2020

Caroline Russell AM: Thank you, Chair, and good morning, everyone. Thank you to this huge panel for joining us. I am only sorry I am not going to be able to ask questions to all of you, because there are things that I would like to ask each of you. There are a lot of representatives here from businesses and industry, and I want to make sure that we keep in mind today the people who are not in the meeting. That is the workers, the recently unemployed, the furloughed and the young people that this crisis is hitting the...

• Question by: Peter Whittle
• Meeting date: 23 July 2020

Peter Whittle AM: Thank you very much, Mr Chair. Good morning to the panel. My question I think I have to ask you all, and maybe someone can answer it. It is just about London’s - if you want to call it - cultural industry. I do not mean by that necessarily the creative industry. I mean in terms of theatre, in terms of performing arts, in terms of all the things that make up a huge part of London life and, of course, the economy. What are your views on the future of that? How do you see that...

• Question by: Lord Bailey of Paddington
• Meeting date: 23 July 2020

Shaun Bailey AM: Good morning to all our guests. I would just like to finish this point about the cultural industry in London, because of course we have a visitor economy, and this is basically what those people are visiting: our huge variety of culture and the scale of the culture. What kind of intervention are we looking for in monetary terms? If we are approaching the Government and asking for more money, can we give that a figure? Can we give it a ballpark? What kind of monies are we talking about? Why don’t I start with Philip and...

• Question by: Caroline Pidgeon
• Meeting date: 23 July 2020

Caroline Pidgeon MBE AM: Thank you very much, Chair. London’s markets are part of our history and add to the vibrancy and cultural diversity of our city, as well as being a significant part of the economy, particularly in areas like the East End. I wrote to the Deputy Mayor for Business just last week with concerns market traders have over their future in many parts of London.First, my question to Councillor Gould, as you are a Board Member of the LEAP and with your work on the Recovery Taskforce: I am aware money has been made available to small...

• Question by: Tony Devenish
• Meeting date: 23 July 2020

Tony Devenish AM: Chair, I will be very succinct. Two questions, and I will put them to Jace Tyrrell, and others can come in when they get called by other Assembly Members. Jace, could you please just give us an update on where we are on business rates and what we need the Government to do? That is my first question. Secondly, would you agree with me the biggest concern is that the lost generation are the teens and early 20s that are not already in work? Let’s not always say, “What can Government do?” What can business do to...

• Question by: Leonie Cooper
• Meeting date: 23 July 2020

Léonie Cooper AM: Thank you very much, Chair. My question is addressed to Councillor Georgia Gould and it concerns disproportionality in the economic recovery. I wondered if you could outline for us how you are working with the Mayor to guarantee that London’s economic recovery is fair and open for all Londoners, especially those who have been really disproportionately impacted by COVID?

• Question by: Onkar Sahota
• Meeting date: 23 July 2020

Dr Onkar Sahota AM: Good morning. This question is to Jordan from the CBI. In eight days’ time, employers will be made to pay the National Insurance contributions and pension contributions for workers who have been furloughed. In September, employers will be expected to start topping up their furloughed workers’ wages. What impact do you think this will have on sectors of the economy that have not yet been able to open up and generate income?

• Question by: Joanne McCartney
• Meeting date: 23 July 2020

Joanne McCartney AM: Yes, thank you, Chair. My initial question is to Sam Gurney, if I can, and it is about the increasing number of people who are claiming Universal Credit (UC), which we know is a very difficult and cruel system. Since the end of March, I believe, 440,000 new claimants for UC have come from London. When furlough ends, that is likely to see another spike. What concerns does the TUC have about this record number of Londoners finding themselves reliant on UC? What will that mean for poverty in the capital?