Strategic economic development reports

Description

Productivity, or the efficiency with which production inputs (e.g. labour and capital) are being utilised to produce a given level of economic output. Increasing productivity is widely seen as a key enabler for improving living standards in the long term and as a necessary (but not in itself sufficient) condition for inclusive economic growth. It is therefore a key topic in any industrial strategy, including the Local Industrial Strategy (LIS) for London.
This paper summarises the findings a literature review on the effectiveness of policy levers to enhance productivity at a regional level.

Source

GLA Economics

Description

This report reviews the latest evidence to understand why labour productivity is so high in London overall and why its growth has stalled recently. This is a critical issue because, in the long-run, increasing productivity is crucial for economic growth and improving living standards. Boosting productivity growth is
unsurprisingly at the centre of the Local Industrial Strategy (LIS) for London.

Source

GLA Economics

Description

Open workspace providers want to provide the right space, for the right people, in the right place at the right price. They need to make their spaces work for all Londoners. Recent rises in rents and rates have significantly affected both open workspace
provision as well as micros and small businesses in the capital. This paper explores the unintended consequences of recent changes to business rates and how they affect London’s open workspaces.

Source

Capital Enterprise, WorkWILD, Nordicity and Original Futures, for LEAP

Description

Many small, community focused workspace providers offer significant community benefit but increasing costs mean that they are at risk of being squeezed out of the market by larger,
more commercial providers.

Open workspace providers and other stakeholders engaged in driving London’s SME community are supportive of a voluntary workspace accreditation scheme which will recognise and reward community impact. It would be useful for policy makers, practitioners and grant givers contributing to keeping London’s workspace open and affordable for all Londoners.

This document sets out a framework for the accreditation, selection criteria and a scoring system.

Source

Capital Enterprise, WorkWILD, Nordicity and Original Futures, for LEAP

Description

This document summarises extensive research into the impacts of the 2016 Business Rates Revaluation on London’s open workspaces. It draws upon a linked examination of the potential to introduce a voluntary accreditation system for workspaces with community and social impact which would raise standards and allow local authorities and micro businesses and local communities to understand better the value of open workspaces and how to support them.

Source

Capital Enterprise, WorkWILD, Nordicity and Original Futures, for LEAP

Description

The report, part 1 of 2, researches the future of London’s Central Activities Zone (CAZ), to assess the impact of both the COVID-19 global pandemic and Brexit on the area in the medium and long
term. This report, Phase 1, includes office use trends in the CAZ, the CAZ ecosystem and the interaction of the CAZ with the rest of London and the UK.

Source

Arup, Gerald Eve and LSE (for GLA)

Description

Following on from part 1, this part 2 report researches the future of London’s Central Activities Zone (CAZ), to assess the impact
of both the COVID-19 global pandemic and Brexit on the area in the medium and long term. TThis report, part 2, builds three scenarios to test the scale of the economic impact on the CAZ over the medium and long-term, and provides suggested policy responses.

Source

Arup, Gerald Eve and LSE (for GLA)

Description

This is the final report on the evidence base that is informing and supporting the development of London’s Local Industrial Strategy, following on from the interim report published in August 2019. It presents clear, robust and comprehensive evidence on London’s economy with a view to supporting the overall objective of achieving inclusive growth in London. It reports on London’s strengths, key constraints, issues and risks for the five foundations of productivity introduced by the Industrial Strategy White Paper (Business Environment, People, Infrastructure, Ideas and Place), while also highlighting the economics linkages between the economy of London and the rest of the UK.

Source

GLA Economics

Description

The Economic Development Strategy (December 2018)
sets out the Mayor’s vision for London’s future economy. This 2018 Implementation Plan sets out the objectives in the Economic Development Strategy and identifies the actions that
will be taken to deliver against each of them between 2018 and 2023. It also provides delivery timescales and information on how progress will be measured and reported.

Source

Mayor of London

Description

This Economic Development Strategy sets out the Mayor’s vision for London’s future economy – for a more inclusive and sustainable economy, that works for all. The strategy sets out a range of objectives and proposals that the Mayor and partners will need to collaborate onto deliver these ambitions.

Source

Mayor of London