Business Benefits
Baroness Valentine, CEO of London First, has said: "London and the UK need Crossrail to maintain attractiveness to overseas investors looking to locate their HQs."
Businesses support Crossrail as they recognise the benefits it will bring, its importance to the UK, and the key role it will play in securing future national economic growth. With reliable and efficient transport, long inconvenient journeys for the workforce will be greatly reduced.
This will help to:
- Attract more qualified workers from around London, providing employers with a wide variety of skills and candidates to choose from.
- Create competition driving organisations to be more innovative and efficient
- Attract leading businesses from around the globe to invest in the city
- Provide potential for knowledge sharing and forming global business networks operating out of London.
Crossrail will link up some of the most productive parts of the UK economy, help sustain London as a centre of global finance and a world city, and generate at least £36bn of benefits. In the long term it pays for itself.
