Strategic economic development reports

Description

This 2022 report builds on the earlier analysis of London Weighting, and puts forward an updated basis for calculating a minimum London Weighting using ongoing research on a Minimum Income Standard (MIS) for the capital.

Source

Trust for London, Centre for Research in Social Policy, University of Loughborough

Description

Greater London Authority's Opinion Research team undertook research, carried out by YouGov, with London's SMEs.

The main objectives of the research was to understand the immediate impact of Brexit and the trade deal on London’s SMEs, including which areas of business are the most/least affected, and which areas of the trade deal are causing the most confusion. It also intended to assess the appetite of SMEs to continue/increase trading with the EU in light of the trade deal.

Source

LEAP

Description

This report offers empirical evidence on the impact of labour productivity on wages at the firm and at the local labour market levels (Travel-To-Work-Area, TTWA) in Great Britain (GB), with a focus on firms based in London and within the local labour markets composing the Greater London Authority: London and Slough and Heathrow (S&H).
The aim of this report is to offer evidence to ground policies that aim to foster productivity recovery, including in areas that top the productivity and wages distribution such as London, stimulate wage growth and living standards more generally, without increasing inequality within and between areas.

Source

University of Sussex (for Mayor of London)

Description

The Mayor commissioned CognitionX to map Artificial Intelligence (AI) innovation across London and identify the capital’s unique strengths as a global hub of AI.

The research shows that London is the European capital of AI, and world-renowned in sectors such as insurance and finance. The findings of this research will inform the actions the Mayor will take to support the future growth of AI across different industries to drive innovation, productivity and growth.

Source

CognitionX (for Mayor of London)

Description

This report summarises the Mayor of London, Sadiq Khan's, response to the Government White Paper: The United Kingdom’s exit from and new partnership with the European Union.

Source

Mayor of London

Description

In 2018, the Mayor of London commissioned leading economic analysts Cambridge Econometrics to study the potential impact of different Brexit scenarios on London and the whole of the UK. The aim of the study was to develop scenarios to model five possible outcomes for the UK and London of the UK leaving the European Union Customs Union and Single Market.

Source

Cambridge Econometrics

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

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

Access to talent is central to London’s competitiveness. It is important that all companies can recruit the skills and experience they need to innovate and grow. Tier 2 of the UK’s visa system is the main economic route for skilled immigration from outside the European Economic Area (EEA), where the position cannot be filled by a UK/EEA national or is on the Shortage Occupation List.

This report assesses the extent to which start-ups and SMEs, particularly those in the science and technology sectors, have difficulties in recruiting from outside the EEA through Tier 2.

Source

LEAP