Economic Policy > GLA Economics > Events > Investing in London seminar

Investing in London seminar

City Hall, London, SE1 2AA
9am-12pm, Thursday 20 November 2008

Seminar summary

Strong economic growth in London tends to increase the magnitude of London’s net tax contribution to the UK. This positive relationship with London’s economic growth indicates that there is a positive return to the national exchequer from investing in the infrastructure and other public services that underpin London’s economic growth. Investing in London generates a tax export which can be used to fund public services throughout the UK. Thus there is a clear national interest in ensuring that London receives sufficient public investment to underpin its continued economic dynamism.

This seminar presented findings from research on London’s tax export and focused on the main concerns of public investment in London.

Speakers

Duncan Melville, Senior Economist,
GLA Economics, presented GLA Economics’ findings on London’s tax export.

Filling the coffers: London’ tax export PDF
Filling the coffers: London’ tax export RTF

John Dickie, Director of Strategy and Policy,
London First, addressed the business perspective of what the priorities for public investment for London should be.

Priorities for public investment in London PDF
Priorities for public investment in London RTF

Michele Dix, Managing Director,
Planning, TfL, focused on what is widely regarded to be London’s first priority (in terms of public investment) - its transport infrastructure needs.

London’s transport infrastructure needs PDF
London’s transport infrastructure needs RTF