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London population at record high

London First has responded to the news that London’s population has topped 8.6m, the highest since its 1939 peak, as revealed by the Greater London Authority today.

John Dickie,  director of strategy, London First, said it was crucial to remember that growth was not going to stop there.

“While 8.6m Londoners is impressive, the city’s population is forecast to hit 10m by 2036,” he said.

“There is a lot to be done to make sure this growth is sustainable and London remains a great place to live, work, and visit.

“The challenges range from how we keep London on top as a leading economic and business hub, to how we build on the city’s emerging strengths in the technological and creative sectors.

“We also need to address the challenges to London’s basic foundations, including the need for a dramatic increase in long-term infrastructure investment and house-building.”

In January, London First released a major report, ‘London 2036: An Agenda for Jobs and Growth’, which is the result of a 12-month project undertaken on behalf of the London Enterprise Panel (the Mayor’s business advisory panel.) It sets out what we need to do to keep London on top as the city surges towards 10m – let alone 8.6m. An info-graphic video from the report can be found here.

More on the report

In January London First released the UK’s first business-led plan for London, setting out priorities to drive jobs and growth in the capital.

The report is the most significant business-led consultation project undertaken to help drive jobs and growth in a UK city.

London 2036: An Agenda for Jobs and Growth’ sets out a formula for the capital to achieve world-beating income growth, greater job opportunities than rival cities, a diverse and shock-proof economy, more homes and better transportation, as well as more balanced economic growth across the UK.

Three core themes for successfully developing and safeguarding London’s economy are highlighted in the report:

  • cementing London’s existing strengths as the world’s leading economic and business hub;
  • fuelling more diverse growth by capitalising on the city’s strengths in tech and creativity;
  • addressing the challenges to London’s basic foundations.

The study was produced by London First on behalf of the London Enterprise Panel (the Mayor’s business advisory panel).  A number of global competitor cities (including Chicago, New York, Rio, and Hong Kong) have developed similar plans, but London is the first UK city to do so.
For more on the report, please see here.

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