AD

Sadiq Khan starts building a London where “no communities feel left behind”

London mayor Sadiq Khan has launched a new programme, the Good Growth Fund, which will plough £70m into supporting the growth of business and communities, while also on the lookout for the first Borough of Culture.
AD

Khan has long made his intentions for a greener London clear. He launched low emission bus zones and pledged to only buy zero-emission or hybrid double-decker buses from 2018 onwards. He’s also been adamant that local councils and communities could step in where the government could not.

The £70m fund goes a long way in fleshing out these ambitions, and is one of the ways he seeks to deliver upon the goals drafted in his A City For All Londoners document.

“As the capital is swept forward by global tides, it is my role to steer it in the right direction through a period of real change,” he explained. “I have a plan to ensure that everyone, regardless of their background or circumstances, is able to share in and make the most of London’s prosperity, culture and economic development.

“Because I want to build a London where no communities feel left behind and where everyone has the opportunities they need to fulfil their potential.

“I want the city to respond positively to growth, to celebrate its diversity and is united by its unique culture. We need a city that is open to the world for business, that creates opportunities for Londoners and offers a standard of living that benefits all.”

Supported by the London Economic Action Partnership (LEAP), the Good Growth Fund will back communities hoping to boost economic activity, create new places of work and drive spirit. And applications are now open to companies, charities, boroughs and community groups.

“I am delighted to be launching this fund and making a real push to challenge the preconceptions of how regeneration happens in the capital,” Khan said. “I am calling on boroughs, community leaders, business organisations and the huge pool of London’s creative talent to bring forward their ideas.

“Using the ingenuity of this city, people’s enthusiasm and our wealth of expertise, I have no doubt that together we can deliver many engaging, exemplary and innovative projects.”

The fund’s announcement follows on from news that Khan will be searching for London’s first Borough of Culture, with the winner set to receive £1m to create cultural events and initiatives.

“The competition will also be supported by a grant of £300,000 from City Bridge Trust, the City of London Corporation’s charitable funder,” The London Assembly explained. “The City Corporation will also explore how its cultural assets, expertise, and services can support the competition and the winning boroughs.”

This too falls into Khan’s “city for all Londoners” plan.

Share with your network

Follow Real Business:

About Author

Shané Schutte

Shané Schutte is a senior reporter at Real Business, with a particular specialism in employment and business law, human resources, information technology and sales/marketing.

Real Business