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Premier Inn Grows as Independent Hotels Fail: The London Rush

The swift Conservative leadership contest might have been a relief to businesses looking for stability after months of political drama. As Rishi Sunak becomes Prime Minister the focus will turn to who he’ll put in his cabinet and how he’ll influence the fiscal statement being prepared for next Monday. For businesses, the clarity they hope it will provide can’t come soon enough. 

Here’s the key business news from London this morning: