Creating new local revenue streams

Download Changes to the way local authorities in London are funded could see councils financially rewarded for saying ‘yes’ to new development and business expansion. Research from Centre for Cities and Future of London, argues that reforms should be bold and allow councils to retain between 40% and 60% of future business rates growth to … [Read more...]

The Localism Bill: New Briefing Paper

To provide the context for our newly launched Localism Project, we are delighted to publish this briefing paper summarising key parts of the Localism Bill and some of the challenges it poses for policymakers in London. In particular, the paper provides detail on the new general power of competence for London Boroughs, new revenue streams such as … [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...]

Is the Affordable Rent Model viable in London?

We have launched our latest Policy Focus Paper which considers the implications of the new Affordable Rent Model for London in terms of development viability and the likely "affordability" for tenants of new housing. The high level analysis, conducted by GVA, finds that the new Affordable Rent model is likely to bring significant challenges for … [Read more...]

London Boroughs to recieve £40m ‘New Homes Bonus’

Data released from CLG this week indicates that London Boroughs will receive just under £40 million in New Homes Bonus payments in the first year of the scheme, reflecting the 26,000 new units built in London between October 2009 and 2010. Extrapolating this data for new housing completions, CLG anticipates that London Boroughs will receive around … [Read more...]