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London Business Matters

10 Brexit February 2017 Tapping into Brexit advice Mayor Sadiq Khan has appointed a panel of business leaders, investors and academics to  advise him on the risks, challenges and opportunities for London following the vote to leave the European Union. Ranging across London’s key economic sectors, members of the panel  include Sir George Iacobescu, chairman and chief executive of the Canary Wharf Group, Sherry Coutu, executive chair of the Scaleup Institute, and the former European Trade Commissioner Lord Mandelson. They will be joined by Baroness Vadera, chair of Santander UK, Xavier Rolet, chief executive of the London Stock Exchange Group, and Julia Onslow-Cole, partner at PwC. Business minds The Brexit Expert Advisory Panel will provide on-call advice and guidance to the Mayor. It includes leaders from sectors including financial services, technology, science and the media. The Mayor said: “This expert group of advisors will allow me to tap into some of our top business minds as negotiations progress.” Since the referendum result in June, he has been working with business to ensure their needs are met during the forthcoming Brexit negotiations.   The Mayor is holding a series of monthly face-to-face meetings with the Secretary of State for Exiting the European Union, David Davis MP. As these meetings progress, the Brexit Expert Advisory Panel will provide insight and expertise to the Mayor as he pushes for a proper, sensible solution to the complicated challenge of leaving the European Union in a way that protects London and the UK’s economy. Pro-business Khan continued: “I have promised to be most pro-business Mayor that London has ever had – and now I’m delivering on that promise. For the last six months, I have been speaking to businesses of all shapes and sizes about what they need from the forthcoming Brexit negotiations. “We need to strike a deal that safeguards London’s position as the best city in the world to do business and this expert group of advisors will allow me to tap into some of our top business minds as negotiations progress. “Securing privileged access to the single market, maintaining a worldclass financial sector and ensuring London can continue to attract global talent are all recurring themes from my conversations with business – and I look forward to working with this panel as we aim to strike a deal that works for the capital.” Interconnected Panel member and City of London policy chairman Mark Boleat said: “London’s success is based on the incredible number of interconnected businesses and sectors that support each other. If one sector suffers, the knock-on effects to London’s whole economy could be substantial. The Mayor understands this and I’m pleased he’ll be using his meetings with David Davis to ensure that Government understands this as well.” Fellow Panel member Professor Alice Gast, President of Imperial College London, said: “London is a global innovation powerhouse, but we should be ambitious to do more. It is vital that the capital has access to the talent and market conditions needed to create the jobs, prosperity and discoveries that will improve the lives of all Londoners. I look forward to working with the Mayor and this expert group to develop pragmatic proposals to make Brexit work.” Global success Vanessa Kingori, Publisher of British GQ, said: “London’s creative, media and retail businesses have achieved amazing global success and I look forward to working with the Mayor to ensure this continues.” Sherry Coutu, Executive Chair of the Scaleup Institute, said: “I’m confident London can continue to be the digital capital of Europe and I am honoured to be working with the Mayor to ensure tech businesses maintain access to the talent, funding and markets they need to scale up.” www.london.gov.uk Silver Kennedy honoured Businessman and former LCCI Council member Patrick Kennedy has been awarded an honorary degree by the University of West London (UWL) to mark his contribution to business and the civic life of the London Borough of Ealing. Kennedy has served as president of the Ealing Chamber of Commerce and was also elected to represent residents at Ealing Council. In addition, he has spoken up for local businesses at Westminster as a member of the Parliamentary Club and is well known for his charitable activities. At the ceremony to mark this 214876-6-16 LBM Cleankill.indd 1 17/05/2016 16:31 much-deserved recognition he said: “I firmly believe in giving back to the community and encouraging others to develop their talents to the highest degree. I am honoured to have been awarded this degree by UWL.” In the main picture Kennedy is flanked by Chris Humphries CBE, a former director general of British Chambers of Commerce and now pro chancellor and chairman of the board of governors of UWL, and University chancellor Laurence Geller CBE. www.uwl.ac.uk Click/tap for more info


London Business Matters
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