City risk register

The Civil Contingencies Act 2004 places a legal duty on the City of London Corporation as a Local Authority to work with other agencies that respond to emergencies to assess the likelihood of emergencies occurring and the potential impact of a reasonable worst case scenario.

The City of London Corporation has contributed to the production of a number of risk registers – starting from the Pan-London level and drilling down to the fine detail of the risks the City faces.

The Business Resilience Planning Considerations expand on the potential impacts to businesses arising from the main risks identified in the risk register.

By taking into account all of the highest risks identified in the National and Regional risk registers it has been possible to identify those risks that are relevant to our geographical area.

Risk for the City of London are currently assessed in the National Risk Register and London Risk Register.

Each register provides an assessment (as well as planning assumptions) of the most significant emergencies, which citizens could face over the next five years, and assesses both likelihood and impact. The risks are summarised into three categories:

• Accidents
• Natural events - collectively known as hazards
• Malicious attacks - known as threats.

Each register uses three stages to analyse the risks:

• Identification of risks
• Assessment of the likelihood of the risks occurring and their impact
• Comparison of the risks.