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City of London entrepreneurs and creatives praised

  • March 15, 2024
  • 2 min read
City of London entrepreneurs and creatives praised

The Chairman of the City of London Corporation’s Licensing Committee has paid tribute to entrepreneurs and creative people for their contribution to the capital. “Tomorrow’s city will be driven by today’s people,” James Tumbridge said in a speech, adding that London’s vibrancy dated back to Roman times.

Among the subjects covered in the address were licensed venues’ enthusiasm to locate to the City, as the number of premises currently sits at 970. He also acknowledged the hospitality industry and its severe challenges including Covid restrictions, energy prices, staff difficulties, and high inflation. In addition, he voiced support for the City Corporation’s flagship ‘Destination City’ programme, which sets out a vision for the Square Mile to become a world-leading leisure destination for British and international visitors as well as residents to enjoy.

After a five-year absence caused by the pandemic, he welcomed this year’s launch of the ‘Safety Thirst Award,’ a scheme that hopes to encourage and promote high standards in reducing crime and anti-social behaviour. Guests were told about the City Corporation’s plans to develop a mapping tool to support investors and residents alike by mapping streets, spaces, or areas of the City that would be suitable for markets, events, later licensing hours, or more licensed premises.

The City of London Corporation has a statutory duty to administer the Licensing Act 2003, which balances the needs of licensed premises with protections for City residents, workers, other Square Mile businesses, and visitors. Alcohol licensing, entertainment, and the night-time economy are flourishing in the City, and its hospitality sector is a vital part of the Square Mile’s soft power.

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