London’s startup ecosystem is proving resilient despite Brexit challenges and growing European competition. Through specialized programs like Grow London Global, founders are finding innovative pathways to international expansion.
Ministers have pledged to cut regulatory burdens by a quarter while streamlining corporate reporting requirements. Business leaders welcome the initiative, though opposition voices question its effectiveness post-Brexit.
The government has committed to reducing the administrative cost of regulation by 25% before the end of the current parliamentary session, according to official statements. The initiative aims to streamline business operations and enhance economic competitiveness through significant deregulation efforts.
