Economy

Economy Committee

The Economy Committee scrutinises the work of the Mayor relating to economic development, wealth creation, social development, culture, sport and tourism in London, including the Mayor’s role as chair of the London Economic Action Partnership (LEAP). 

Current investigation

Towards a 24-hour city - London's culture and night time economy
The Economy Committee is investigating London’s night time economy and working towards a 24-hour city. The investigation will look at what a diverse NTE could look like, how it might be sustained and its likely impact on those who will work in it.

Mayor's draft cultural strategy
A central part of the Mayor’s draft cultural strategy is his ambition to create an annual London Borough of culture. He launched a programme encouraging London boroughs to submit their bids, with the application deadline of 1 December. The Economy Committee recently visited Hull, UK City of Culture 2017, which gave members an opportunity to learn about how the programme was organised, what has and hasn't worked well and lessons learned, with a view to contributing to discussion on the Mayor’s draft Culture Strategy due to be published in early 2018.

Access to money: The Mayor's role in promoting financial inclusion.
The Economy Committee is also investigating the Mayor's role in promoting and supporting financial inclusion in London. How should the Mayor work with London’s financial sector to promote and support financial inclusion, as well as improving access to finance for London’s SMEs?

Video: Helping SMEs to thrive in London

Video

The fate of local news in London

A Mayoral Manifesto for the Digital Economy

A Mayoral Manifesto for the Digital Economy

Recent work

Watch previous Committee meetings.

Released a report on workspace in London and how the Mayor can help SMEs thrive in the capital.

Published a report on the fate of local news in London and how it should be protected by the Mayor of London.

Compiled a report, EU exit and London's businesses, which set out the challenges and opportunities that lie ahead for London's businesses.

Sent a joint letter with the Mayor of London to the InterContinental Hotels Group about its commitment to become a London Living Wage employer. 

Produced a report, EU migration, which looked at the risks and opportunities that might come from changes to immigration policy post-Brexit.

Published a report, EU exit: workers' rights and the London labour market, which set out robust and radical approaches to supporting low paid workers in a post-Brexit London. 

Compiled a report, Apprenticeships: An un-level playing field, which set out a number of key recommendations to the Mayor to help improve the number of quality apprenticeships in London. 

Published a report, EU exit and financial services, which looked at the impact of Brexit on this important sector for the UK economy.

Committee meetings

Browse meetings and agendas for this committee and to check out further information relating to the committee, including terms of reference.

Feedback and news coverage

What was said

In response to ‘A Mayoral Manifesto for the Digital Economy’, John McLaren-Stewart, Managing Director, AT&A Insurance Brokers and Tech London Advocate said:

"This a pretty cool bit of work. It cuts through the waffle, is erudite and gets straight to the point with a clear delivery. It could of course be replicated for the UK as a whole..."

In the news

Loss of local UK newspapers 'undermining democracy' - Financial Times

Brexit wish list created by London Assembly to to protect capital's financial sector - The Wharf

The case for a more independent, post-Brexit London is gaining strength - The Guardian

Government told to 'get a grip' of Brexit at London Assembly meeting - The Wharf

Londoners do not have to take low pay and insecure jobs as a given - The Guardian

Poor part-time pay in London 'stops mothers working' - BBC News

Small nurseries could go to the wall over 30 hours - Nursery World

The capital needs more diverse tech talent, says London Assembly report - Computer Weekly

Contact the Economy Committee

If you have a media enquiry relating to the Economy Committee please contact:                

External Communications Officer
Lisa Lam
[email protected]
020 7983 4067

If you have a query about this Committee and its work please contact:

Scrutiny Manager
Carmen Musonda, [email protected], 0207 983 4351

Committee Officer - Clare Bryant, [email protected], 020 7983 4616

If you have a query about the Mayor's economic policy please call 020 7983 4100.