Core Cities/GLA Research

MQT on 2015-07-15
Session date: 
July 15, 2015
Question By: 
Fiona Twycross
Labour Group
Asked Of: 
The Mayor


What is the nature of the research that has been commissioned and outlined in ADD316?


Answer for Core Cities/GLA Research

Answer for Core Cities/GLA Research

Answered By: 
The Mayor

The research forms part of London's and the Core Cities' joint campaign for greater fiscal powers. It is, at heart, a piece to better understand what policy approach best supports economic growth between and within these cities. Our hypothesis is that greater fiscal powers will enable cities to exploit their comparative advantage and for Core Cities to benefit more from London's agglomeration strengths and global position. In turn, London will benefit from greater trade within the UK and the growing specialisms of other UK cities.