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  • The first problem is is that the government overdid the campaign of fear and it was a disproportionate response.

  • We scared everyone so much that now you can't get people back to work back in the city back to using public transportation back into the schools.

  • And so what I really want is I want to introduce science based decision making back into the process, and that's the problem.

  • There isn't any science right now.

  • There's a horrible lack of leadership from our government.

  • There's a lack of communication and there's inconsistent messaging from our government.

  • We see it from the mayor of London.

  • We see it from other people as well.

  • We just don't see a consistent message here, and we don't see this science that's actually there, to tell us what we can and cannot do when it comes to our transport, when it comes to how we communicate when it comes to our business practices and that's the biggest change that we need.

  • So that's the fundamental bedrock, but more importantly, we need the workers back in the city now.

  • I spent nine years working in what we call the city of London.

  • If you're not familiar with this.

  • This is kind of the area that is Wall Street.

  • It's the financial district.

  • It's the square mile of London and it is a major major income engine for not only London but for the UK.

  • Um, it probably is responsible for probably between five and 10% of the entire economy.

  • It's very, very high.

  • And so I believe that those of the workers that we need to get back into this city, Unfortunately, most of Canary WARF and the place around Bank and Bank of England.

  • Most of those global companies have told their workers to stay home until June, and I think that that is a really bad idea.

  • And so this is my suggestion that I have to make is this We get and we speak to the top 25 global banks and law firms.

  • And we asked them, What's it going to take to get back to 50% capacity by the end of the month of September?

  • What's it gonna take to bring your workers back into the city of London?

  • And again, this is talking about hundreds of thousands of people that are going to come here?

  • They're gonna go out to restaurants.

  • They're gonna buy food during the day.

  • They're going to go out to activities at night, and bars and clubs potentially open up cultural institutions.

  • They're gonna buy cars, they're gonna buy clothes.

  • I cannot emphasize how important this is from a revenue standpoint and agro standpoint.

  • Now, I realize anybody compromised because of their health.

  • Anybody that can't come in because of any type of of other conditions they have or any parenting issues.

  • I know, but I'd like to have these conversations with these institutions.

  • And actually, this isn't unprecedented.

  • Uh, The Wall Street Journal reported yesterday in an article that J.

  • P.

  • Morgan in New York City has asked their staff to come back by September 21st.

  • Um, then here's a copy of that article.

  • They've asked for their entire sales and trading staff, which is what I used to work when I was in New York City to come back toe work for two reasons.

  • First of all, they realized that remote work.

  • It's not certain that acts actually the most effective work.

  • And second of all, they realize that it's an important engine for the economy.

  • And so there is a precedent for this happening, and it's happening right now in New York City and the next I think what?

  • That's the next two weeks.

  • And so I'd like to take the lead of what JPMorgan is doing in New York City and really sit down with these companies here in London and say, What's it gonna take to get your employees back to work and really listen to what they have to say?

  • And I'm really open minded?

  • Maybe it means that for anybody willing to come into the location of London, maybe there is a income tax break.

  • Maybe there's a moratorium on their income tax by 5% for the rest of the year.

  • Maybe it means they're getting vouchers to go out and spend.

  • But whatever it's gonna take, I think we really need to get these people back in here to kick start this city because it is the engine and I want to finish on a video of me talking about some of these concepts again with my friend James.

  • Both of us usedto work in the city, so we know what these workers could dio.

  • We know the kind of incomes they have and we know that them not spending here in London, is dragging this economy down.

  • I was in a black taxi yesterday on we had the same conversation.

  • He said, Look, I'm not even going into the city of London anymore.

  • There's no one there and it's had a major dent on my income.

  • So here's another clip of a video of me speaking with James about this very concept.

  • We both used to work in the city of London, and it seems to me the big elephant in the room is all these international banks and consultancy firms that are just telling their workers, You know, you've got till March, June of next year toe work from home.

  • It seems like a big mistake, and it and it seems like if there was real leadership here in the city, they could go speak with these firms and say, What's it gonna take, you know, to safely get 50% of your workers back, you know, what's it gonna take?

  • Is there a tax incentive?

  • Is there a way we can incentivize you?

  • Is a company?

  • What can we do to have these conversations?

  • Because that's that's where you're talking about 2030 40.

  • 50,000 workers coming back.

  • That's gonna move the needle on a lot of your businesses around here.

  • It's a big chunk of GDP for the city.

  • Um, on these people spend money, right?

  • So that's a that's a potential idea.

  • This Yeah, that's that's That's a great idea, but I think probably needs to go.

  • But you know, both on the side of incentivizing companies and also making people feel safer.

  • We need to stop the whole campaign of fear that needs to stop.

  • We need Thio.

  • As I said before, look at the risks, look at the data and, like, evaluate that honesty.

  • Yeah, No, I agree.

  • What we need is a real scientific study And to compare these metrics toe other metrics in an unemotional way and then tell people what is the real risk?

  • I mean, I spoke to someone the other day on London Real.

  • That said, if you look at the people under 50 there was more deaths commuting thing there would have been from Saco Bay on again.

  • I'm not trying to downplay, you know that that some people have died from this and the severity potentially of certain people with this disease.

  • But if you look at it statistically ah, lot of times it's more dangerous doing other things, like riding a bike to work.

  • So but we're making massive decisions that affect people's economic interests, which leads to economic health, mental health, physical health and just not being talked about while this city slowly rots from the inside and it seems like people realize it months late.

  • Oh, yeah, we've got to get London back toe work.

  • It's like you have been talking about this before, five months.

The first problem is is that the government overdid the campaign of fear and it was a disproportionate response.

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A2 london york city gonna buy people income engine

THREE KEY POINTS TO GET LONDON BACK TO WORK: How To Kickstart The United Kingdom Economy | Real Deal

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    林宜悉 posted on 2020/09/11
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