London businesses hit by high housing costs

11th September 2015

According to a new CBI poll, some 57% of London-based businesses said that the high cost and shortage of housing was affecting their ability to recruit staff for lower-paid jobs. Almost a third reported employees leaving their jobs because of the high costs of accommodation. The report, compiled with CBRE, also revealed that two-thirds of the company bosses said that building more affordable housing was "vital" for the continued growth of London's economy.

The Daily Telegraph (09/09/2015)