Risks to London's economy

What do you think the risks are to London’s economy in the coming years?

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What do you think the risks are to London’s economy in the coming years?

The discussion ran from 13 December 2017 - 14 March 2018

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Risks, how many do out want? The ability to live work and travel about the capital without the added burden of sneak taxes such as congestion/toxic charges. These do nothing to help reduce either conditions and just raise finance for the...

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Risks, how many do out want? The ability to live work and travel about the capital without the added burden of sneak taxes such as congestion/toxic charges. These do nothing to help reduce either conditions and just raise finance for the over controlling GLA. I suppose we must pay or the Mayor to travel to India etc which will not benefit London in any way. The heavy load of rent, rates and business taxes will kill of Londons economy anyway. All the time we have additional layers of government to finance, with politicians laying the blame at the door of leaving the EU gravy train, London will gradually sink into decline. On a note of cheer, it is only the resilience of the general public and real workers that will keep us going.

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The bad public transport and the cost of transport, also the so called low emissions zones
that are only a tax and will do little to clean the air.

With the 3rd Runway at Heathrow low emissions zones can only be seen as a tax.

The...

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The bad public transport and the cost of transport, also the so called low emissions zones
that are only a tax and will do little to clean the air.

With the 3rd Runway at Heathrow low emissions zones can only be seen as a tax.

The high rents in all sectors make it near impossible for any one on a normal to
low income to live in the area so transport is essential yet its un reliable and
most women would feel un happy at travelling alone at night.

With out the workers the rest of business will fall.

With high rent workers are forced to move.
Un reliable transport = the sack

You need to sort rents and transport
to build the economy and to keep quality staff unless these
2 are fully addressed you cant and wont retain staff.

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One factor must be the high cost of property - renting or ownership from scratch is virtually impossible without help from the Bank of Mum and/or Dad. Another factor is Brexit - already, some EU agencies are moving away from the UK and that...

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One factor must be the high cost of property - renting or ownership from scratch is virtually impossible without help from the Bank of Mum and/or Dad. Another factor is Brexit - already, some EU agencies are moving away from the UK and that means less expenditure from people working there. Brexit will also adversely affect the financial sector - much depends on the final negotiations of course, but some financial jobs are going to be lost to London because of Brexit - we should cancel Brexit!

Another factor is the low pay of many London jobs in the retail, catering and hotel industries. I really cannot understand how people can exist on the low salaries that so many have to endure.

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Very true
Some people still working with with £7,6 /h
Just the rent for a room it’s minimum £350/person pm

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Brexit is good part of the reason for high housing is with free movement lots from eastern Europe esp have moved here to make on exchange rate. excessive immigration has fuelled a housing boom. as immigrants can live 8 in a former 3bed and...

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Brexit is good part of the reason for high housing is with free movement lots from eastern Europe esp have moved here to make on exchange rate. excessive immigration has fuelled a housing boom. as immigrants can live 8 in a former 3bed and send money home where they make on exchange rate. to protect the ££££ interest rates have to go up, if they are raised quickly and crash housing back into net take home pay level at moment, with euro in demise there risks being a flight of foreign capital here, aswell as every last eastern European and his dog. The whole economic system of globalisation is to blame. yes we need a public sector. yes some need more pay esp at lower levels. to pay for that in an age oof consumerism then the border should go up and goods and services should be taxed to pay for it. one franch politician le-pen sees this.

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