Chris Hayward, Policy Chairman at the Corporation, said:
“We welcome the Chancellor’s positive vision for the UK economy and the announcement of the upcoming Industrial Strategy. The strategy we hope will ensure the UK can leverage its competitive strengths on the global stage, in turn driving trade and investment.
“The stands ready to drive that vision forward by generating growth not just in the capital, but across the entire UK.
“To fuel our economic recovery, we need a stable, competitive tax environment, proportionate regulation that fosters innovation, and a focus on removing barriers for businesses to thrive. So, keeping corporation tax at its current level is welcome.”
ENDS
Notes to editors
The Corporation is the governing body of the Square Mile dedicated to a vibrant and thriving City, supporting a diverse and sustainable London within a globally-successful UK.
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