In October 2010, the Government invited the Mayor, London boroughs and business leaders to consider the case for whether and how local enterprise partnerships could be formed in London.
In response, the Mayor, with London Councils, decided that there was a strong case for a single pan-London partnership to complement existing working arrangements between London business, the Mayor and the boroughs.
On 16 December, the Mayor and London Councils submitted their proposal to government for a local enterprise partnership for London (PDF, 1.54MB) with the support of leading business organisations.
The proposal was for a partnership covering all of Greater London, reflecting the city-region scale and interconnected nature of London’s economy. The proposal described how the partnership would contribute to the delivery of the Mayor’s Economic Development Strategy and be supported by strong local partnership arrangements, stretching outside London as appropriate. On 17 February 2011, the government announced approval of the proposal.
How the Panel operates
The London Enterprise Panel is a non-incorporated consultative and advisory body established by the Mayor under sections 30 and 34 of the Greater London Authority Act 1999. As a mayoral appointed body with no separate, independent or corporate legal status the Panel must operate through the Greater London Authority (GLA) which may be required to act as its “accountable body” if funding arrangements are entered into with the Government or European Commission on the Panel’s behalf.
London Enterprise Panel Terms of Reference
The core Terms of Reference of the Panel are available to download in PDF format (16kb)