City of London Corporation responds to Chancellor’s economic statement

In response to the Chancellor’s economic statement today (24 September), City of London Corporation Policy Chair Catherine McGuinness said:

“We welcome the measures outlined by the Chancellor to protect jobs and support businesses. Extraordinary action is needed to prevent a tsunami of job losses amid the damaging waves of COVID-19 and lockdown restrictions.

“Alongside its economic response, we hope that the Government will enable a safe, secure and flexible return to the workplace as soon as possible. A huge amount of work has been done to deliver COVID-secure offices and restore confidence in the public transport network. Getting employees back to the workplace safely is essential to foster innovation, support mental health and deliver the footfall needed for the hospitality and retail sectors.

“The virus is not going to go away quickly so we need to find a way of living with it. Saving lives and protecting the NHS is paramount but livelihoods matter too.

“Hibernating through the winter is not an option for our economy.”

–ENDS–

Notes to editors

The City of London Corporation is the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK. www.cityoflondon.gov.uk