The Leader of Brent Council has moved to reassure European Union Citizens, local businesses and investors in West London following the referendum result which was announced earlier today (June 24).
Across the UK nearly 52 per cent of people voted to leave the European Union (EU) while in London and Brent the majority wanted to remain. 72,523 Brent residents voted for the UK to remain in the EU, while 48,881 voted to leave.
The vote to leave has caused turbulence in stock markets across the world and raised fears of what a 'Brexit' could mean - in particular for workers and families from Europe.
Brent Council has vowed to work closely with local businesses, public sector partners and local communities following the nationwide result.
Councillor Muhammed Butt, Leader of Brent Council, said the consequences of the result will be discussed at a meeting of the West London Alliance (WLA) on Monday. He said: "Brent is the most diverse place in the UK and a place where people from all over the world come together to work, live and play. This is one of the things I am most proud of about Brent and one of our key strengths.
"My message to our neighbours and co-workers who are EU citizens and also to investors and employers in West London is not to panic. Nothing will change instantly overnight.
"European nationals will continue to enjoy the same rights as they have now and any changes will be publicised well in advance."
The Confederation of British Industry has called for "strong and calm leadership to reassure the markets" and the Governor of the Bank of England has also moved to reassure the markets.
Cllr Roxanne Mashari, Cabinet Member for Regeneration, Growth, Employment and Skills, said: "The council has received many calls from EU citizens concerned about the possible impact of the referendum result and about their right to stay in the UK.
"The council's message is clear: Brent is open for business and investment. We value the hard work of EU citizens and the positive contribution they make to Brent. In the short-term the UK remains a member of the EU with existing laws and treaty obligations in place. Rules on tariffs, movement of goods and individuals will not change until any renegotiation is complete. We will work hard with other local councils, local business leaders and the West London Alliance to provide the information and support needed at this time."
Andrew Dakers, Chief Executive of West London Business, said: "West London remains one of the best places in the world to do business. West London is exceptionally well connected by air, road and rail. We have a highly skilled workforce that is the most productive in London. We are also home to some of the UK's leading entrepreneurs and Higher Education institutions.
"In the weeks ahead we will work with the local business community and our West London Alliance partner local authorities to ensure that the specific business implications arising from Brexit, and any support needed, is fully understood to ensure long term economic growth is sustained."