LCCI Quarterly Economic Survey

Poll of London business leaders

·       As the UK’s COVID-19 vaccine roll-out continues, confidence in the economic prospects of London and the UK has improved. Three in ten London business decision-makers expect UK economic growth (31%) and economic prospects for London (29%) to improve over the next twelve months up 10 and 9-percentage points respectively since Q4 2020. However, London business decision-makers are still more likely to expect these measures to worsen (52% and 45%) over the next twelve months. ·       The majority of London businesses are conducting meetings virtually where possible (77%), allowing staff to work from home at least 2 days a week (62%) and using more flexible working hours (58%) as a result of the Covid-19 pandemic ·       The majority of London business decision-makers say measures in London to reduce traffic and pollution, and promote active travel have had no impact on their business’ revenue (63%) or ability to function (56%).

Date Published: 09/04/2021

Categories: Business | London | Professionals

Client: LCCI

Methodology

Savanta ComRes interviewed 500 London business leaders online between 4^th February and 16^th March 2021. Data were weighted to be representative of all London business leaders by size and broad industry sector. Savanta ComRes is a member of the British Polling Council and abides by its rules.

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