On 6 May, Londoners will head to the polls to elect the next Mayor of London, in what is perhaps the city’s most critical election to date.
Against the triple shocks of Coronavirus, Brexit and climate change, it’s more important than ever London protects its status as a dynamic, progressive, and world-leading global city, while also forging a new path that levels-up both within London and across the UK. Leadership, partnership, and shared prosperity will be paramount.
Decisions made by the newly elected Mayor will be critical. Under the right plan, they can unlock prosperity in London for years to come, ensuring it remains the most attractive place to live, work and invest.
The CBI’s London revival plan outlines the steps the capital’s business community want the newly elected Mayor to take to revive London, build back better together, and strengthen the capital’s position on the world stage.
This can also be achieved in partnership with business under three key themes:
- Champion London’s dynamism and global competitiveness (page 7)
- Transform digital and physical infrastructure on the race to net zero (page 17)
- Address economic exclusion and stimulate job creation to secure an inclusive workforce for the future (page 23)
But all of this must also be considered against a global context. Throughout the plan, the CBI uses five core comparator cities to outline London’s current standing, showcase where improvements must be made, and partnerships can be forged. These include four established world leading cities – New York, Paris, Singapore, and Tokyo, and one significantly rising megacity – Shanghai. Alongside these core comparators, the plan will also highlight other emerging or leading cities (including some domestic comparisons), which stand alongside the five core comparators in key sectors and metrics for competitiveness.
The London Revival Plan, outlines employers’ ambitions to protect London’s international reputation. Playing to our strengths, showing international leadership, pushing for excellence, and levelling up within our capital city and across the UK.
We urge the next Mayor of London to show the world that there is no better city in which to invest, work and live. Now is the time for partnership. Business’ door is open, we hope the Mayor’s is too.