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New report proposes recommendations for City to emerge stronger post-COVID
The City of London Corporation has published a new report that proposes how the City can emerge stronger following the COVID-19 pandemic and maintain its position as a world-leading business hub.
London Recharged: Our vision for London in 2025, produced in partnership with Oliver Wyman and Arup, sets out detailed recommendations to aid the capital’s recovery and enhance its long-term competitiveness by focusing on innovation, collaboration, inclusivity and sustainability.
The report finds that business remains committed to central London and recognises the value of working alongside customers, clients and competitors. Nonetheless, investment in skills, digital infrastructure and built environment will be needed to ensure London remains the global centre of choice.
It also explores how London’s office stock and built environment can be transformed in response to trends such as increased remote and flexible working.
William Russell, the 692nd Lord Mayor of the City of London, said: “The capital’s success throughout history has been a story of constant reinvention.
“It is more important than ever that London adapts quickly to today’s challenges so that it remains a place where people want to work, live and visit tomorrow.
“This report sets out detailed measures that can help the capital thrive and evolve as we get through the current pandemic. A vibrant London will help to drive our recovery forwards as we work with the rest of the UK.”
The report can be viewed here.