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A sustainable world cityLondon's population has grown by nearly 600,000 since 1989, the equivalent of absorbing a city the size of Sheffield and by 2016 is projected to reach 8.1 million, a further increase of 700,000 - equal to a city the size of Leeds. The driver of this unprecedented new social development is London's role as a world city, comparable only with New York and Tokyo in the scale of its involvement in world capital markets. Finance and business services, with a growth of 550,000 jobs since 1993 alone, are at the heart of this expansion. This growth, and London's global role, makes it a focal point for dynamic sectors, such as the Creative Industries, in which 400,000 Londoners now work. London's growth, unique in the UK, is the root cause of many of its chronic problems - congestion, high prices, pollution, and a deep and growing polarisation between rich and poor. London is one of the world's wealthiest and most vibrant economies, but includes some of the country's poorest communities - 43 per cent of London's children live in households below the poverty line. The mayor's strategies seek to rapidly secure the large-scale infrastructure investment in transport, housing and services which can sustain the growth, realise the gains of its global role, but redress the shortages, spiralling prices, threats to the environment and social inequality which this growth has produced or exacerbated. Setting out the case - the Mayor's strategies
Visit this site regularly for an update on what the Mayor is doing to ensure the ongoing Economic Development of London and how you can have your say in developing his policies. |
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