Crossrail Two can cushion London from Brexit slowdown

Jake Cordell
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Queen Elizabeth II visits crossrail
Queen Elizabeth II wasn't required to wear a high-vis for her Crossrail inspection (Source: Getty)

London businesses have told the government they have “no room for complacency” when it comes to exit negotiations with the EU.

As its quarterly confidence index sunk to its lowest level on record, the London Chamber of Commerce (LCC) said the government must “reduce uncertainty and boost business confidence”.

Despite the fall in optimism over the summer, Colin Stanbridge, chief executive of the LCC said: “London businesses are taking a pragmatic and level-headed approach to the referendum outcome.

“The result may have been unsettling for some, but we are not seeing any sense of panic”.

The LCC said infrastructure projects across London, such as Crossrail Two, should be given priority in the upcoming Autumn Statement.

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