Commenting on the Deputy Prime Minister’s proposals to reform the planning system, Miles Celic, Chief Executive Officer, TheCityUK said, “The motivating spirit behind these reforms is absolutely right. Updates to the current UK planning framework are crucial to meet the growing demand for investible projects and to drive growth across the country. The reforms are particularly significant for large infrastructure projects that will have a major impact on the wider economy and investment attractiveness. Our industry looks forward to continuing to engage with government on these proposals to ensure they provide the clarity, consistency, and speed of decision-making needed to unlock capital and growth.”
New economic research from TheCityUK underlines the substantial impact the UK-based financial and related professional services industry has on the UK economy