Agenda and minutes
Economy Committee - Tuesday 10 July 2018 10.00 am

To receive any apologies for absence and any announcements from the Chairman.

1.1  Apologies for absence were received from Jennette Arnold OBE AM, Shaun Bailey AM and Fiona Twycross AM, for whom Leonie Cooper AM substituted.

Report of the Executive Director of Secretariat

Contact:  Clare Bryant, [email protected], 020 7983 4616

The Committee is recommended to:

(a)  Note the list of offices held by Assembly Members, as set out in the table at Agenda Item 2, as disclosable pecuniary interests;

(b)  Note the declaration by any Member(s) of any disclosable pecuniary interests in specific items listed on the agenda and the necessary action taken by the Member(s) regarding withdrawal following such declaration(s); and

(c)  Note the declaration by any Member(s) of any other interests deemed to be relevant (including any interests arising from gifts and hospitality received which are not at the time of the meeting reflected on the Authority’s register of gifts and hospitality, and noting also the advice from the GLA’s Monitoring Officer set out at Agenda Item 2) and to note any necessary action taken by the Member(s) following such declaration(s).

2.1  The Committee received the report of the Executive Director of Secretariat.

2.2  Resolved:

That the list of offices held by Assembly Members, as set out in the table at Agenda Item 2, be noted as disclosable pecuniary interests.

The Committee is recommended to confirm the minutes of the meeting of the Committee held on 23 May 2018 to be signed by the Chairman as a correct record.

3.1  Resolved:

That the minutes of the meeting held on 23 May 2018 be signed by the Chair as a correct record.

Report of the Executive Director of Secretariat

Contact:  Clare Bryant, [email protected], 020 7983 4616

The Committee is recommended to note:

(a)  Its completed and outstanding actions arising from its previous meetings.

(b)  The Mayor’s response to the Committee’s report, Rewrite the night: the future of London’s night-time economy, attached as Appendix 1 and the impact report attached as Appendix 2.

4.1  The Committee received the report of the Executive Director of Secretariat.

4.2  Resolved:

That the completed and outstanding actions arising from previous meetings of the Committee be noted.

Report of the Executive Director of Secretariat

Contact:  Clare Bryant, [email protected], 020 7983 4616

The Committee is recommended to note the recent action taken by the former Chair under delegated authority, namely to agree, in consultation with party Group Lead Members, the response to the Mayor’s draft Culture Strategy.

5.1  The Committee received the report of the Executive Director of Secretariat.

5.2  Resolved:

  That the action taken by the former Chair of the Committee under delegated authority, in consultation with party Group Lead Members, namely to agree the response to the Mayor’s draft Culture Strategy be noted.

Report of the Executive Director of Secretariat

Contact: Carmen Musonda, [email protected]; 020 7983 4351

The Committee is recommended to:

(a)  Note the report as background to the discussion on preparing London for EU exit with expert guests; and

(b)  Delegate authority to the Chairman, in consultation with party Group Lead Members, to agree an appropriate output from the meeting.

6.1  The Committee received the report of the Executive Director of Secretariat as background to putting questions on preparing London for the United Kingdom’s exit from the European Union to the following invited guests:

·  Ben Gardiner, Director, Cambridge Econometrics;

·  Roger Bootle, Chairman, Capital Economics;

·  The Rt Hon. The Lord Andrew Adonis; and

·  Dr Graham Gudgin, Economist, Centre for Business Research, Judge Business School, University of Cambridge.

6.2  A transcript of the discussion is attached at Appendix 1.

6.3  Resolved:

(a)  That the report and discussion be noted; and

(b)  That authority be delegated to the Chair, in consultation with party Group Lead Members, to agree an output from the discussion.

Report of the Executive Director of Secretariat

Contact: Carmen Musonda, [email protected]; 020 7983 4351

The Committee is recommended to:

(a)  Notes the work programme and priorities for 2018/19, as set out at paragraphs 4.2 to 4.7 of the report; and

(b)  Agree to bring forward discussions on Preparing London for Brexit to the 10 July 2018 meeting, and to defer discussion on the London Economic Action Partnership to its meeting in September 2018.

7.1  The Committee received the report of the Executive Director of Secretariat.

7.2  Resolved:

(a)  That the work programme and priorities for the 2018/19 Assembly year be noted.

(b)  That the topic for the September 2018 Economy Committee meeting slot be used for discussions on the London Economic Action Partnership.

The next meeting of the Committee is scheduled for 12 September 2018 at 2.00pm in the Chamber, City Hall.

8.1  The date of the next meeting of the Committee was confirmed as Wednesday, 12 September 2018 at 2.00pm in the Chamber, City Hall.

9.1  There were no items of business that the Chair considered to be urgent.

10.1  The meeting ended at 12.10pm.