A view of the Shard, London

Brexit and big business

12 December 2016

How will London Mayor Sadiq Khan support big business in maximizing the opportunities of Brexit?

One fifth (nearly 40,000) of the UK’s tech businesses have headquarters in inner London.

One third (just over 73,000) of the life sciences sector’s jobs are in London and the South East.

Pharmaceutical manufacturing employees have the highest Gross Value Added of any high-tech sector – over £330,000 per employee.[2]

The London Assembly Economy Committee will tomorrow investigate the impact of Brexit on big business in London, focusing in particular on the tech and life sciences sectors. Critical questions around access to European markets, talent and inward investment will be posed. The Committee will hear from:

  • Rajesh Agrawal, Deputy Mayor for Business 
  • Dr David Lutton, Director of Policy, London First
  • Dr Hilary Coles, Associate Director, Global Clinical Operations, Janssen R&D UK
  • Simon Kleine, Lead, Tech London Advocates EU Group

This meeting is the third in a series of meetings about the effects of Brexit on London, with an upcoming meeting focusing on the impact of Brexit on migration. You can view the previous meetings here and here.

The meeting will take place on Tuesday, 13 December from 10:00am in The Chamber at City Hall (The Queen’s Walk, London SE1).

Media and members of the public are invited to attend.

The meeting can also be viewed via webcast.

Follow us @LondonAssembly and take part in the meeting discussion using #AssemblyEconomy and #EUExit

Notes to editors


  1. Full agenda papers.
  2. Maintaining and growing the UK’s world leading Life Sciences sector in the context of leaving the EU, September 2016
  3. Fiona Twycross AM, Chair of the Economy Committee is available for interview. See contact details below.
  4. London Assembly Economy Committee.
  5. As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.

For media enquiries, please contact Lisa Lam on 020 7983 4067.  For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officerNon-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.