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02 Jun 2020

Peel L&P joins campaign to urge UK Government to deliver clean, inclusive and resilient Covid-19 recovery plan

Peel L&P is among 200 other leading businesses calling for the Prime Minister to deliver a clean, inclusive and resilient recovery plan that builds back a more inclusive, stronger and more resilient UK economy post Covid-19.

In an open letter, CEOs from across the economy, including big brands like Lloyds Bank, ASDA, Sky and Mitsubishi, have offered support to the Government in tackling the present health crisis, and urged Prime Minister Boris Johnson to provide clear vision for recovery efforts that align with the UK's wider social, environmental and climate goals.

The letter, signed by 206 businesses, investors and business networks, states: ‘With the UK facing major economic and social concerns including the risk of high unemployment and rising regional inequality, we believe that an ambitious low carbon growth and environmental improvement agenda can do a lot to address these concerns, as well as make the UK economy better prepared to deal with future shocks such as those related to climate change.

‘[...] The current crisis, in moving us all away from business-as-usual, has already created shifts in how we operate, and we believe we must use the recovery to accelerate the transition to net zero. Efforts to rescue and repair the economy in response to the current crisis can and should be aligned with the UK's legislated target of net zero emissions by 2050 at the latest.’

The signatories come from both multi-national and national businesses, across industry sectors, including energy, finance, consumer goods, retail, construction, water and communication.

Peel L&P has a diverse property portfolio which can help to stimulate national and regional economies following the Covid-19 pandemic. These include energy projects focused on decarbonisation, low carbon industrial clusters and long term climate goals, pipeline projects to support jobs and mixed-use regeneration and public realm developments to bring investment across a number of regions.

Read the letter to the PM in full at https://www.corporateleadersgroup.com/reports-evidence-and-insights/news-items/leading-businesses-urge-uk-government-to-deliver-resilient-recovery-plan

For more information about Peel L&P projects, contacts us here.