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Towards a Greater London
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BUSINESS AGENDA 2020

20 steps the new mayor can take to ensure our capital is an even better place for business

Download a copy of LCCI's 'Towards a Greater London'

The number of people living in the capital has reached its highest level since 1939. London is forecast to reach a population of 9 million by 2020 and achieve 'megacity' status by 2030 with over 10 million citizens.

The four-year period of the new mayoralty and London Assembly must see important decisions taken to prepare for the London population of 2020 and beyond.

London Chamber of Commerce and Industry (LCCI) members range from small and medium enterprises through to multi-national companies. LCCI research and surveys of business leaders provide policy makers with insights into what the capital needs to remain an attractive, productive and competitive global city.


Fix the Housing Crisis

London's chronic housing undersupply impacts on employees and employers. Liberating more land and empowering more builders is required.

To fix the housing crisis the new Mayor or London should:

1. Review the status of poor quality land within the greenbelt, work with local authorities to reclassify derelict commercial space for mixed residential use and support increased housing density around local transport hubs

2. Target smaller sites identified by the London Land Commission, cut planning red-tape and establish a Small Developers Panel

3. Work with local authorities to ensure sufficient numbers of homes to rent are included within new developments

4. Become 'Owner - Landlord' of housing stock for 'blue light' essential workers such as Police, Firefighters and Paramedics

For more information click here.




Close the Skills Gap

London businesses need access to a diverse, skilled workforce. Improved training and enabling more businesses to recruit workers from overseas will help.

To close the skills gap the new Mayor of London should:

5. Secure primary commissioning control over the Skills Funding Agency's budget in London to enable the provision of demand-led training

6. Seek government approval for a third party sponsorship route (London Visa) for established sector specific organisations to support non-EEA worker visas on behalf of recognised small businesses

7. Optimise the London Ambitions Careers Offer to equip every young person with quality and unbiased careers advice from School Year 7

8. Encourage local authorities to share skills by developing more flexible definitions of 'local labour' when setting S106 requirements and enable apprentices to move across borough boundaries

For more information click here.


Boost Digital Capability

London's smaller firms face challenges in developing and sustaining an online presence. Treating digital infrastructure as a key utility will provide greater connectivity.

To boost digital capability the new Mayor of London should:

9. Establish a new business panel focused on raising awareness of the benefits of developing an online presence among offline sole traders and small businesses

10. Raise the profile of the London Digital Security Centre and ensure that SMEs engage with the service once they are online

11. Encourage commercial property developers and office landlords to fit high-speed connections into their building plans

12. Secure permanent exemption beyond 2019 for Tech City and the Central Activities Zone from permitted development rights to protect vital work space

For more information click here.


Keep Transport Moving

London's ageing transport infrastructure often faces overcrowding and congestion. Targeted investment is essential to service a rapidly expanding population.

To keep transport moving the new Mayor of London should:

13. Drive forward network enhancements including Night Tube commencement, Bakerloo Line extension and move Crossrail 2 to 'next stage'

14. Boost airport capacity by seeking best use of existing infrastructure through airfield, terminals and rail-link enhancements in the London airports system

15. Examine the cost of commuter transport and explore use of smart ticketing to incentivise travel outside peak hour periods

16. Work with business to deliver an effective future road freight strategy and review the commercial impacts of the proposed Ultra Low Emission Zone

For more information click here.


Secure More Power to Grow

London will need greater powers to accommodate forecasted population growth. Retaining more London generated taxes and securing new competencies are key

To secure more power to grow the new Mayor of London should:

17. Commission an update of the London Finance Commission Report on the potential for greater financial devolution

18. Engage with London Boroughs to explore how clusters of combined authorities could drive greater economic cooperation

19. Seek greater control for the capital to set all aspects of housing policy

20. Convene a 'Metro Mayors Panel' to explore how to encourage and embed local government collaborative best practice on devolution

For more information click here.


For more information, please contact the Policy and Public Affairs Team on T: +44 (0)20 7203 1918 or press@londonchamber.co.uk

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