Economic Development Strategy

24 May 2010

The Mayor’s vision is for London to be the best big city in the world.

The Economic Development Strategy sets out this vision with respect to the London economy, and how it can be realised.  The Mayor’s ambitions are for London to be the World Capital of Business, and to have the most competitive business environment in the world; to be one of the world’s leading low carbon capitals, for all Londoners to share in London’s economic success and for London to maximise the benefits of the 2012 Olympic and Paralympic games.

The Economic Development Strategy is a call to action for all those involved in London’s economy and concerned with its success.

Colin Stanbridge, London Chamber of Commerce and Industry, welcomed the Strategy, saying:

"The Mayor's Economic Development Strategy provides the business community in the capital with a clear vision for London's economic future. The strategy gives London's businesses a clear set of priorities to enable them to play their full part in ensuring that London remains the world's most attractive proposition for businesses, students and visitors."

In the autumn an Implementation Plan will be published which will set out how the Mayor will work with partners to deliver his vision for London and to champion the capital.

An Implementation Plan is being developed which will set out how the Mayor will work with partners to deliver his vision for London and to champion the capital.

The following documents support the new strategy: