The local authority for the City of London and the Lord Mayor have pledged to keep London’s financial district running as companies in the Square Mile grapple with the coronavirus outbreak.
Lord Mayor William Russell and the City of London Corporation’s policy chair, Catherine McGuinness, called on businesses and residents of the Square Mile to work together to tackle the spread of Covid-19. The two said in a statement that these are “unprecedented times and there will be anxiety across the City”.
Yesterday, the UK government advised citizens to stay away from pubs, bars and restaurants as part of its efforts. London is at the centre of cases of the virus in the UK, which now top 1,900. The City has “thousands of pubs, hundreds of art galleries [and] more than 200 museums”, Russell and McGuinness noted.
The corporation has pledged to keep “critical” services running, support vulnerable individuals and work with “front line agencies” to deal with the crisis, as well as maintain confidence in the Square Mile. “This is a crisis which will require the whole of our capital, and indeed the whole of our country, to work together,” they said.
Around 370,000 people are employed in the City of London across financial and professional services. However, in the past few days, financial services companies have taken radical action to split their workforces and encourage employees to work remotely to guard against Covid-19.
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