Early findings from the latest British Chambers of Commerce Transport Survey suggest that business has not benefited from congestion charging. Most businesses (92%) operating in London still think that congestion is a problem at a local level. And more than half (58%) say that it has had a detrimental effect on business.
The BCC survey indicates that the cost to businesses of London's inadequate transport infrastructure is rising. Over the last 12 months the costs to businesses of transport problems have increased for 43% of London's firms and only 3% report a decrease.
Mr David Frost, Director General, British Chamber of Commerce said, "The congestion charge itself has created additional problems for businesses within the zone which need to be responded to. A London Chamber survey found that a quarter of central zone retailers are considering moving elsewhere as a result of the charge. Congestion charging is not a silver bullet solution to the Capital's transport problems. Proposals to extend the scheme are premature."
The survey is due to be published next month.
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