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CBI surveys London businesses about London 2012 preparedness

A CBI survey has looked at the views and concerns of London companies with regards to the Olympics.

Amongst other things, the survey found that, while the number of businesses who feel confident about dealing with the transport and logistics issues during the Games has risen 5 percent since last year to 37 percent, the scale of the challenge is becoming increasingly clear, as 46 percent are still nervous about their level of preparedness.

Half of employers (50 percent) intend to let their employees work from home during the Games and 57 percent will adapt their working hours, while 46 percent of firms say they will allow employees to have time off to attend events.

Sara Parker, CBI London Director, said:“The 2012 Games will help showcase London around the world and will be good for the economy.But with only a month to go, the scale of the challenge is becoming clear and some businesses are still nervous about their levels of preparedness. That’s why it’s crucial that all companies ensure they plan ahead, particularly for the transport and logistical challenges.

“It’s encouraging that many firms are already thinking about flexible working during the Games, but with a huge influx of people expected in the capital in a matter of weeks, those who haven’t prepared need to turn their attention to this as a matter of urgency.”

In terms of logistics business continuity planning during the Games, 13 percent of companies will stockpile supplies and 12 percent will reduce deliveries. Although 80 percent of respondents have not planned any special measures, 29 percent are unsure of suppliers’ ability to get deliveries to them during the Games period.

The number of businesses who do not feel that they have enough information in order to plan for Games has fallen in the last six months:

• 53 percent believe they do not have sufficient information about security during the Games
• 43 percent believe they do not have sufficient information about Olympic and Paralympic Route Networks
• 37 percent say this in respect of transport bottlenecks.

•Date: 4th July 2012 • UK •Type: Article • Topic: London 2012 business continuity

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