Report

Local London vision for growth

This report from UK think tank the Centre for London looks at capitalising on the strengths of Local London so all residents can live well, succeed and thrive.

Local London is the capital’s largest and fastest-growing sub-region. It is home to 2.7 million people. It boasts 40% of London’s land and significant reserves of developable brownfield sites. The sub-regional partnership brings together the boroughs of Barking & Dagenham, Bexley, Bromley, Greenwich, Havering, Newham, Enfield, Redbridge, and Waltham Forest.

The sub-region’s economy already contributes over £60 billion in economic output annually. Meanwhile, business growth and employment rates outpace both London and the UK. Local London is also strategically positioned to be the UK’s gateway to global trade. It has two deep-water ports, unmatched potential for development along the river and strategic links to the UK Innovation Corridor, wider South East and Europe. Together, these assets position Local London as a key area for inclusive growth.

Yet, these successes mask local inequalities and untapped potential. Productivity growth lags behind the UK average and weekly pay is the lowest in London. If the sub-region meets its challenges head on, and capitalises on its strong foundations, Local London can become an engine of growth, benefitting both London and the wider UK.