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A sustainable world city

Construction workers at work on a new building

London'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.

Related links

GLA Economics

London's Economy Today newsletter

2012 Olympic Games

Women in London's Economy

European Structural Funds

Sustaining Success

Diversity Works

The Case for London

London Childcare Strategy

Tackling poverty in London

Fairtrade

Disabled people and the labour market

London Divided

Planning for London's Growth II

The London Plan

Economic development and the LDA

Responsible Procurement

Links to other sites

Economic Development

London Boroughs

London Development Agency

 
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