Policy information sourced from The London Plan 2021
GG5 Growing a Good Economy
To conserve and enhance London’s global economic competitiveness and ensure that economic success is shared amongst all Londoners, those involved in planning and development must:
- promote the strength and potential of the wider city region
- seek to ensure that London’s economy diversifies and that the benefits of economic success are shared more equitably across London
- plan for sufficient employment and industrial space in the right locations to support economic development and regeneration
- ensure that sufficient high-quality and affordable housing, as well as physical and social infrastructure is provided to support London’s growth
- ensure that London continues to provide leadership in innovation, research, policy and ideas, supporting its role as an international incubator and centre for learning
- promote and support London’s rich heritage and cultural assets, and its role as a 24-hour city
- make the fullest use of London’s existing and future public transport, walking and cycling network, as well as its network of town centres, to support agglomeration and economic activity
- recognise and promote the benefits of a transition to a low carbon circular economy to strengthen London’s economic success.
For more information please see The London Plan 2021