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Chancellor urged to keep London economy competitive through tax measures in Budget

Chancellor urged to keep London economy competitive through tax measures in Budget Rishi Sunak earlier this year (Photo by Stefan Rousseau-WPA Pool/Getty Images) The Chancellor is being urged to keep London competitive by offering businesses a ”confidence booster” in this week’s budget. London First, the business lobby group promoting the capital wants Budget measures intertwined with policies to encourage people back to the city. Among suggested measures are: a range of tax reductions and the improvement of testing for international arrivals to keep London a global attraction. Especially on aviation, director of policy at London First John Dickie Dickie is advocating for the Government to work with international partners ensure testing and proof of vaccination forms the basis of a common standard for travel that will give confidence to travellers.

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