
Chapter Four: Introduction
London's Economy
4.1 This chapter sets out policies to support delivery of the Mayor’s vision and objectives – particularly those to ensure that London is:
- A city that meets the challenges of economic and population growth in ways that ensure a sustainable, good and improving quality of life and sufficient high quality homes and neighbourhoods for all Londoners, and help tackle the huge issue of deprivation and inequality among Londoners, including inequality in health outcomes; and
- An internationally competitive and successful city with a strong and diverse economy and an entrepreneurial spirit that benefits all Londoners and all parts of London; a city that is at the leading edge of innovation and research, and which is comfortable with – and makes the most of – its rich heritage and cultural resources.
These policies will support the sustainable development and growth of London’s diverse economy over the years to 2036, enable it to contribute to the prosperity of the UK by meeting the twin challenges of global competition and of a low carbon future, and to provide Londoners with the goods, services and job opportunities they will need.
4.2 This chapter, which complements the Mayor’s Economic Development Strategy (EDS), deals with the needs of different sectors of the economy and their workspace requirements. It also provides a policy base for innovation, development, growth and investment115, with support for new and emerging economic sectors and a ‘connected’ economy. Making sure all Londoners are able to share in their city’s success is a key priority, and this chapter deals with the contribution planning policy can make to improving opportunities for all Londoners.
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