In 2017 I was elected with the promise to stand up for businesses, City workers and residents in the Ward of Cheap and ensure the City Corporation fights for the best deal possible.

But in each of the scenarios modelled by the Bank of England, the financial services sector will contribute less to the UK economy.

Today the message from businesses is loud and clear: prevent the chaos and damage of a no-deal Brexit. London First for example called for Article 50 to be revoked or a referendum to be held should Parliament reject the Prime Minister’s deal.

And Londoners are clear: 68% of Londoners support remaining in the EU and 72% are backing a public vote.

This is why I believe a referendum, bringing people back into the process, to decide on the future relationship we want, is the only way to avoid a damaging crashing out and resolve the deadlock in Parliament.

Democracy is not a single event. Asking people to make a decision based on real options, rather than vague visions and empty promises, will ultimately strengthen the democratic basis for the path we choose as a country.

But whatever the outcome of the negotiations for me three priorities are clear: ensuring the City remains an attractive place for businesses to locate – which includes transport investment; open spaces; investment in culture and vibrant communities (shops and restaurants) and an immigration policy which welcomes a global workforce. If anything the role of the City Corporation to promote London and the Lord Mayor as ambassador for the Square Mile is more important than ever.