 Yn eu cydweithio, Llemsdflennol. Fe nol, Fe nol, Yn gyfreith! Rhywb i'r cyflwylo CBI wedi chi'w hi'n mynd i bleddo'r cydweithio cyflwylo CBI ar oo gryеюсьio. Dwi'n gwitherach o'r cydweithio, ac rwy'n gobeithio. Rwy'n gweithio'n graff yma. Rwy'n gweithio'n dweud am y hyry? Rwy'n gwybod ychydig, nid amddol nhw'n cifferol, fron i'w ysgol. I made a speech then about my political hero and I revealed the identity of my political hero on that occasion, and I wonder if you can guess who it was. That's right. Thank you so much, well done. My words weren't completely waste. I made a speech about my political hero, I explained it was the Mayor in Jaws because he was a wonderful guy and what he did was he defined the appeals for more regulation at a time of crisis. A wedyn y cymdeilio'r eitem, hefyd yn ydynt y gallu bod yn gweithio'r peth yn gynaf. Rydyn ni'n gwybod eich cymryd sydd yn deilas yna'r diolethaf fel y byd, ond fyddwch chi'n gŵr y gallu'n grŷr. Mae gennych i d Molio Siôn sydd oedden nhw yn ffobr y ffilm, er modd, roeddwn i gael ei wneud y fion o'r ffysg, in cold water up that part of America that time of year. It was completely logical and rational of the Mayor in Jours to decide to protect the interests of the business community of Amity Island and keep people coming wasn't it. And he, it's a logically leaving aside the film in real life, he did completely the right thing. And that was the point I made to you all those years ago. I have to say it went over big. Mae'n cael bod eich bawb yn eich gwneud. Mae'n cael bod ffuturio gyngorau cyfnod. Ynw'n gwneud o'r peitafol i ddechrau ei ddweud yw'r ystod, am ddweud y cyfnodd a'r ddweud yw'r cyfnodd yn ymgyrch yn cyfnodd. Mae'n ddweud o'r bobl yn ymgyrch. Mae'n ddechrau i ddweud o'r ddweud o'r cyfnodd a'r ddweud o'r ddweud i'r cyfnodd. ond sefydliad �ag fod yn gweithio gweithio'n mynd i'w ffóirio gweithio'n mynd yma. Yn gw factorydion gwnaeth yw lwyddoedd cyfafolol wedi'i lleidio'r cyflaffawr, y dylai am gyflaffaeth yw yw ddiweddarllewd honno'n gweld a'y gyntaf ac y cyflaffaeth arlawn. Maewd! a mae'n gweithio i'w rhaid. Ond, Ond, Ymddir y CBI. Daeth yn gweithio'r unrhyw rhaid. Nid yw'r unrhyw rhaid i'r unrhyw. Dyn ni'n wneud o'r hollu'r bobl, mae'r ddysgwr ar ten yma yma i gael yn ei dynnu. yn cyflei'rnu'r hwoz wrth gwrs yma. That's not what we need. That's not when the banks aren't lending and people are drawing in their horns and they're not spending, and companies aren't hiring young people and they're all sitting on their cash. That's not what we need right now. My view is what this country needs and what this city needs is confidence. We need to have confidence in our economy y c imposed hyd yn y mynd yn y mynd ei wneud i ffrwng os bydd. Byddwyd yn gweithioio'r gweithio ar gyfer Midthlion. Felly mae'r gweithio yn gwyfodol yn y Lwnci hynny. Mae y whitehau sy'n gweithio'r gweithio'n golygu i'r maen nhw i bobl dramaidd. Mae'r cyhoedd yma yn i'r gweithio yn ni'n iawn i'n'r cyflugau. Roedd 3,5 bwrdd a'r pryd yn gweithio allanol yn merdillion hefyd. Yn y Llywodraeth, mae'r sydd wenethau'r swydden yn ôl yrif yn Europaidd, fel pointed out to me as you know some casual detail the other day. I'm delighted to say, and that's a fantastic thing that's something worth telling people in other European countries. We've got the safest tube system in Europe, crime down on the underground 20%, crime down on buses 30%. The murder rate is now the lowest level since 1978. That's very, very important for London for our competitiveness and I'm very proud of what we're doing. Of course, Philip made this point very well earlier on. It's a city that's going through a neo-Victorian surge of investment in transport infrastructure. And it's incredibly important that we succeeded in persuading the Treasury last year not to do what some people were advising them to do. And I'm grateful for the support of the CBI, which has been absolutely steadfast on this. It was vital that we got Crossrail, a huge increase in rail capacity that will deliver for London. It's vital that we got the cash to deliver the tube upgrades, a 30% increase in the capacity of our underground system. And yes, all right, I know some of you use the Jubilee line. Who uses the Jubilee line? Well, it's getting better. Or I can tell you, I'm sorry. It is a last starting, thank you Victor. This is the guy you really want to take your complaints to. It is. We've had some lively phone conversations. The Jubilee line at last is starting to work in terms of the transmission-based train control system is delivering 27 trains per hour. We will go up to 30 trains per hour next year. That is roughly one every, thank you, one every no, no flies on the CBI. I mean, basic mathematics are not beyond you. And that is an important thing for this city. And we have a great calling card as London business. We have the greatest calling card to show around the world we are going to be delivering on time and under budget the greatest Olympic Games that has ever been held. And I think that is a fantastic thing. If you look at what's happening in the Olympic Park where you've got these incredible structures sprouting already, all they've sprouted. They're not, they're there. And as I never tire of saying, the smart thing to do would be to hold a snap olympics, catch the world mapping and hoover up the medals. But that is the greatest, in my view, that is the greatest symbol and tribute of what British business can do. And I am proud of it and we should be talking about it and we should be talking it up across the world. And of course in countless ways we are, we in City Hall are working to make lives more agreeable, more comfortable for everybody in London. And I use the slogan which I borrowed shamelessly from Mahatma Gandhi. The idea I've got is that we're putting the village back into the city. And in all sorts of ways we're trying to create an atmosphere that is village-like in every aspect. It might be planting thousands of trees, which we've done over the last three and a half years, again this period in time, around 50,000 trees. It might be having more zero carbon vehicles. It might be upgrading people's parks. All sorts of things. It might be encouraging people to come out and get together for fates or street parties, which I think is an important way to bind communities together. All the evidences where people know each other by their first names, they are less likely to commit crime. You put the village back into the city that way. And I'd also mention, of course, this bicycle scheme that you will have seen in the centre of London. I'm very, very proud of it. It is working surprisingly well. It's extremely popular. You see lots of people who patently shouldn't be allowed to ride a bicycle sailing, wobbling past. And if that isn't putting the village back into the city, I don't know what is, ladies and gentlemen. And I'm proud of that scheme, and the most encouraging statistic that I derive from it is, of course, that in, it must be more than a year now of solid operation, we've only had 18 bikes nicked. And I contrast that to a rival European jurisdiction, where over the course of a similar period, they have a very similar bike scheme. I have to admit, we did slightly borrow the idea. But over an identical period, they had 2,000 bicycles stolen. And what does that tell you about the difference between us and Paris? It tells you that London is a city where there's a village. Look, I'm the mayor, and I'm allowed to take this view of human nature. I think it shows that people respect property. During the riots, the August riots, the one thing, in addition to antiquarian books, the safest thing in London was a Barclays bike. I don't know whether to be insulted or flattered by it. That is the truth. We had not one single hire bike, not one single hire bike was stolen. And I think, and I'm entitled to take this view because I'm the mayor, it's because people understand that they're public property, that they're part of improving the lives of everybody, and they're part of what I mean by putting the village back into the city. And I'm proud of it. And those are some of the things that we're working on in addition to all the things you'd expect me to mention, you know, putting your oyster cards on the overground rail and freezing a council tax and making your automatics, making so you pay the congestion charge automatically. Do you do that now? That's fantastic. All these wonderful things that we've done. But there are lots of things that I think, and I'm going to end by saying some of the things I think we need to get right. And there are some areas where I think London needs to focus and we as a country need to focus. And it won't be any surprise to you to hear me say that I think we can't continue indefinitely with a top rate of tax that is significantly higher than France and Germany, than Italy, than America, than Switzerland, than Japan, just about all our major competitors. And I don't think that is right in the long term, the medium term for this country. And my strong advice to the Treasury would be to get rid of it and see what happens to the revenues because I think they'd be pleasantly surprised. And the second thing that I'd mention is that we can't, and we've just been having this conversation here at this table, we can't go on endlessly trying to cram a court into a point pot at Heathrow. I don't know whether you agree with that. This is a great city with a fantastic natural economy. It's crazy that at a time when 30% of our goods are now being exported by air, I think 75% of pharmaceuticals, high value pharmaceuticals now go by air, the proportion is increasing, that we are constraining our capacity to export and to send our most precious, obviously human beings, to the growth economies of Asia. And we are losing competitiveness in that way to Schiphol, to Frankfurt, and to Paris and indeed to Madrid and other airports. And in my view, it would be reasonable for the government to say that they could entrench, this is what they should do, we could entrench our position, London's position as the leading city in Europe for the next 50 years, if we decided that we were now going to consult on the construction of a new hub airport. I don't care where it is, I have no particular preference, but in my view that would not only drive jobs and growth in the economy, it would be a fantastic vote of confidence in this city and in this country, and that's why I commend that policy. But there's a final thing that I don't think we can do, we can afford to neglect and that is young people in this city and we cannot consign our young people to a life on the dull. We've got ever-growing numbers of people who don't get the jobs that they need and so I say to you tonight that it's time for all of us who care about London, about its future, business, politicians to do what you can and I urge as many of you as possible, I know a lot of you already do it, but I urge as many of you as possible to take on apprentices and I mean work placements in terms of all kinds because when the upturn comes and it will come, those people will be far better able to compete and our city will be far better able to compete for having given them now in the downturn the self-confidence and the survival skills that go with being in a place of work rather than having the drain of self-esteem that comes with being on the dull. Peter Rogers is here. If you want to get involved in the apprenticeship scheme, if you think that you might want to sign up to the scheme that we support, Peter Rogers is here to help. I also think it's time for us to go into overdrive with a scheme that they're doing very, very well in my view in Germany where Angela Merkel has engenderd what's called the Besscheftigun's Wunder. You familiar with the Besscheftigun's Wunder? Have I planned that correctly? Have I even got the right thing? It's called the Besscheftigun's Wunder and what it is, it's the small employment miracle. The small employment miracle which they've generated in Germany and we need to do it in this country. I'm absolutely convinced of it. What they've done, they've stimulated a massive employment creation amongst young people by the simple task of retrofitting people's homes and retrofitting buildings of all kinds in order to reduce the CO2 output in order to save on energy bills as well. My challenge to London's landlords and the public, private, residential, commercial landlords is to help us in London to launch the biggest ever retrofitting programme. I think landlords should recognise that this is in their interests because of the huge energy savings that they will derive over time and the cost savings that will follow. Of course it is a massive potential generator of employment for young people and the final decisive point is surely that this is an economic model that will deliver a strong return for banks and for the pension funds that should be funding it. I intend to get it going in London and I certainly would welcome support from people in this room. Let me say that whatever they say about Britain they often say that we're lagging in this or that. One thing in which we're not going to be lagging in London is lagging. That is one of the objectives of the scheme but I mean it quite seriously. At a time like this when youth unemployment is going up so sharply when so many young people face the possibility of a wasted generation you cannot just sit back. We need to be investing in infrastructure to drive jobs and growth now and make London more competitive in the future and we need a massive push in my view on youth unemployment and I believe that retrofitting is the way forward. Folks, London is the natural economic capital of Europe, isn't it? The world I would say. I don't know what you just said for Europe. You missed your cue there folks. I think it's the greatest city on earth. We've got so much going for us. We've got the time zone, we've got the language, we've got a young dynamic skilled population and so many advantages that some of which I've talked about tonight. We've got the most green space of any European capital and we've got a fantastically diverse and resilient London business community with incredible fertility of ideas, incredible dynamism in what you export. I know that. Now let me tell you, let's come to the other day. We export tea. Tea bags go from the London borough of Sutton. Guess where? Guess where we export tea from Sutton? China. Correcto mwnde. We export tea from Sutton to China. We export bicycles. You know this already, we export bicycles. You have a growing numbers problem. Where? Holland, yeah. We export bicycles to Holland and Japan. We export TV aerials. This is what really blew me away. We export TV aerials from Wandsworth to guess where? Korea. What a city. As I never tar or tell you, we export cake in ever-growing quantities to France. February K. February K. Or forade or waltham. Those London businesses and they may make better wine. The French may grow better wine. Could you give them that? But where's the wine futures market? Exactly. Who invented wine futures? We did. And all those ideas, all those brilliant brilliant export opportunities arose because someone, like the people around us saw the potential and someone had the wisdom to finance it and give that business the capital to expand. And that is finally why I will always stick up for a strong financial services industry in London. And that's why dynamic London businesses such as yourselves will always have the support of us in City Hall. As long as I'm Mayor of London. Because the sewers we build and the Thames Tideway tunnel, the trains, we travel in the drugs that we... Um... The drugs that will cure our children. The drugs that will cure and indeed cure our children of shark bite or whatever. All those things are financed. Are financed and made possible. Thanks to the tax generated by the energy of the business in this room and of your employees. So thank you very much for everything that you do and have a great evening. Thank you.