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Home > About Us > What we do > Improving London’s economy

Improving London’s economy

Ensure London responds effectively to the economic downturn, and support a strong recovery.

By understanding the impact of the economic downturn and prospects for recovery in the Capital, GOL will help support Local Authorities, businesses and individuals to survive the downturn and make a strong recovery.

Our measures of success are:

  • Monthly discussions on the London economy between the Minister for London and the Mayor, together with representatives from key businesses, Local Authorities, Trade Unions and the London Development Agency. These meetings ensure appropriate support and solutions are being provided and to inform policy making in central Government
  • That London benefits from the Future Jobs Fund by the creation of at least 15,000 new jobs
  • For the Government Office to lead on key work addressing child poverty in London with Local Strategic Partnerships
  • To support the London Development Agency in delivering better information and help for businesses and individuals
  • 90 per cent of the local government sector agrees to pay their creditors within 10 days

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