Mayor welcomes Government plans to boost employment and growth

09 May 2012

The Mayor of London, Boris Johnson, has welcomed the Government’s plans to boost economic growth by promoting enterprise, cutting red tape and helping more people into work.

A number of key proposals, outlined in today’s Queen’s speech, will support the Mayor to build a platform for economic growth that will help him to deliver 200,000 jobs for the capital over the next four years.

The Mayor particularly welcomed plans to promote enterprise by reforming competition law, reducing regulatory burdens and inspections on London’s businesses, as well as measures to make parental leave more flexible to help working families.

Following his re-election the Mayor is committed to delivering on his pledge to boost jobs and growth in the capital, which includes a new £35m London Growth Fund to invest in jobs and skills programmes, plus supporting small businesses with low-cost loans to help them to grow.

The Mayor is also pressing ahead to help people looking for flexible working, such as parents and carers. Like his success in creating thousands of new apprenticeship opportunities in London businesses, he will also work closely with employers to identify part-time positions and match the right people to them.

He will continue to fight London’s corner by lobbying for investment from Government, while speaking out against unnecessary red tape and regulation from Brussels to protect the city’s status as the world’s number one financial centre.

The Mayor of London Boris Johnson said: "As we push on to deliver 200,000 jobs over the next four years I will stand up for London and do all I can to help businesses grow and get more Londoners into work. By helping firms to take on more staff, boosting the skills of our workforce, releasing the pressure of unnecessary regulation and promoting flexible working, we can deliver the economic future this city deserves. It gives me great confidence for the capital's future prosperity that promoting enterprise, cutting red tape and helping people into employment are all themes that are being strongly supported at the national level.”