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| Capital choice. Stefan Rousseau / PA Wire |
Promoting economic development and “wealth creation” is one of the London mayor’s three main functions – alongside taking care of the city’s social and environmental development. The fact that London regularly tops major rankings of global financial centres is a key pillar of the city’s wealth. It’s a reason why international companies establish headquarters in London, providing jobs and wealth to the UK capital. And the election of Sadiq Khan as mayor bodes well for maintaining London’s status as a global financial centre.
Khan’s manifesto gave some insights into his plans for London’s economic development. He emphasised infrastructure as his main priority – the need to work closely with Westminster to secure big projects and improve the transport networks that will be key for London’s expansion and economic growth.
















