The London Assembly say it’s “vital” they have the tools to address these issues.
The committee behind the report is concerned that London could be left behind by not being included in talks on ‘deeper devolution deals’.
These are currently being held with authorities in Manchester and the West Midlands, but not London.
The report states that, “if London is to continue to compete on the world stage and contribute to the prosperity of the whole country” then the recommendations on devolution must be “carefully considered”.
The report details several key areas of concern:
Limited progress on fiscal devolution
Tax system reform
Risk that London could lack devolved powers to raise revenue, but also miss out on government funding
Scrutiny of devolved powers
In February 2022, a Levelling Up Advisory Council (LUAC) was created by the Department for Levelling, Housing and Communities.
A subgroup within the LUAC are focusing on three London based themes: London’s relationship with the wider UK, exploring inequalities within London and lessons from the past 20 years of devolution efforts.
The findings of the advisory council are set to be reported to the government in the summer of 2024.
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HeadlineAssembly warns ‘Gov’t levelling-up agenda could leave London behind’
Short HeadlineAssembly says London could be left behind by levelling up
StandfirstLondon could be stuck without government funding or the power to raise revenue itself.
A report from the London Assembly has raised concerns that London could be left behind in levelling up efforts.
The Assembly investigation shows “that devolution in London works”, saying it’s needed for sustainable growth.
The London Assembly say it’s “vital” they have the tools to address these issues.
The committee behind the report is concerned that London could be left behind by not being included in talks on ‘deeper devolution deals’.
These are currently being held with authorities in Manchester and the West Midlands, but not London.
The report states that, “if London is to continue to compete on the world stage and contribute to the prosperity of the whole country” then the recommendations on devolution must be “carefully considered”.
The report details several key areas of concern:
Limited progress on fiscal devolution
Tax system reform
Risk that London could lack devolved powers to raise revenue, but also miss out on government funding
Scrutiny of devolved powers
In February 2022, a Levelling Up Advisory Council (LUAC) was created by the Department for Levelling, Housing and Communities.
A subgroup within the LUAC are focusing on three London based themes: London’s relationship with the wider UK, exploring inequalities within London and lessons from the past 20 years of devolution efforts.
The findings of the advisory council are set to be reported to the government in the summer of 2024.
