Item 7 - Devolution of Infrastructure funding mechanisms (E23/6)

This report sets out the context for devolution of infrastructure funding mechanisms, in light of London’s infrastructure funding gap and the continued reduction of government grant. 

 

Recommendations:    

The Executive is asked to provide initial guidance on developing the levers for a locally funded approach to London’s infrastructure needs and whether, or at what stage, it would be helpful to badge it as part of London Councils’ devolution asks.