Doing Even More with Even Less – Update, Spring 2017

  As commentator Diane Coyle put it in the FT following the Spring Budget, productivity invariably looks higher when more services must be delivered with fewer people and less money, but "improving 'productivity' figures does not mean fiscal austerity has been delivering more for less. That would take a wholesale re-engineering of … [Read more...]

Spotlight: Social Value in Croydon

The Social Value Act, introduced in 2013, allows councils to take social value delivered through a contract into account when procuring services. The legislation was intended to help local authorities commission services based on the best overall value to the community, rather than just awarding contracts based on lowest cost. The Department for … [Read more...]

Roundtable: Capturing Value

Designed partly to supplement the Mayor’s draft Infrastructure Investment Plan, Future of London’s multi-part London 2050 programme looks at the spatial and practical aspects of accommodating growth. It started with an internal FoL Steering Group presentation, and expanded to a June 2014 session at City Hall: London 2050 – Grow up or grow out?. … [Read more...]

Forecasting Infrastructure Funding

With London’s population likely to hit 10 million by 2030, the GLA, TfL and London boroughs face increased pressure to expand their infrastructure to meet demand. The Mayor is currently working on an infrastructure plan for London, due in Spring 2014, which will outline what infrastructure is needed and how it will be provided. The key question is: … [Read more...]

‘Money, Power and Control’ – How one Coalition legacy may be the eventual devolution of London

Future of London’s first 3-2-1 session was on London governance and finance three years after the general election. It focused on how the recommendations of the London Finance Commission might help offset cuts to local government funding while taking forward some of the localism agenda’s most promising elements. The June 13th event was chaired … [Read more...]

Assessing the potential for TIF to drive growth in London

Ahead of the publication of the Local Finance Bill, Future of London is holding a senior seminar with the GLA to discuss the potential for tax increment financing to drive growth and development across London, and the potential for TIF at a local level. While the Government has put forward TIF as a tool to support the delivery of major … [Read more...]

Driving demand for the Green Deal in London: Financial Challenges

We held the third event in our series on driving demand for the Green Deal in London, focusing on the financial challenges. We heard from PwC, who took attendees through the financial options available for making the Green Deal work in London, before an open discussion between Boroughs regarding the implications of these options. The … [Read more...]

How can Boroughs drive demand for the Green Deal?

Future of London, supported by EDF Energy, are hosting a suite of events addressing the specific challenges boroughs face in implementing the Green Deal and ECO in London. The overarching question driving the events is: How can Boroughs drive demand for the Green Deal? The events will focus on three distinct themes: Borough Challenges - Tuesday 7 … [Read more...]

The Local Finance Bill Digested

A key plank of the Government’s Localism Agenda upon assuming office was the implementation of major financial devolution to local authorities across the country. Faced with a stagnating economy, the need to incentivise local areas to promote growth has become all the more urgent. It is within this context that the Government launched its Local … [Read more...]

Deal or no deal?

  The Green Deal is the Government’s flagship energy saving plan to transform homes and commercial premises across the country to make them warmer and more energy efficient. This new  sets out the key principles and mechanisms that will underpin the Green Deal, and explores the potential challenges for its implementation in London. … [Read more...]