Tuesday, 11th July 2017
THIS EVENT IS CPD CERTIFIED
Please note the date of this seminar has changed.
As policymakers in central government and London City Hall consider proposals to devolve some tax-raising powers to the Capital, this conference will assess the practicalities of fiscal devolution and its potential for driving economic growth and competitiveness in London.
The discussion follows the London Finance Commission’s recent Devolution: a capital idea report, which recommended devolving and introducing new taxes, duties and levies to London - including greater control over property taxes, the apprenticeship levy, air passenger duty and vehicle excise duty - in order to boost public services, competitiveness, skills, employment and infrastructure.
The seminar also comes amid the proposed development of an ‘industrial strategy for London’, which is expected to call on Government to give London more control over the economic levers required to secure growth post-Brexit - particularly in relation to skills provision, the delivery of new infrastructure and housing.
Sessions will focus on how devolution proposals would work in practice for the Capital, with perspectives on the challenges that reform might pose to the relationship between powers held at mayoral, GLA and borough level, as well as how increased tax controls and incentives for London can fit into a national framework. Delegates will also have the opportunity to consider how fiscal and public service devolution can be used to incentivise London’s future economic growth and development - particularly in terms of the funding and delivery of local infrastructure, ensuring that the city remains attractive to businesses and the labour market, and addressing uncertainty presented by the UK’s departure from the European Union.
The conference will bring together key policymakers with a range of professionals, including colleges and training providers, universities, employers and trade associations, transport operators, construction companies, developers, investors and banks, businesses and their advisors, local authorities, representatives of citizen and community groups, social and academic commentators, charities and campaigning organisations, along with reporters from the national and trade press and other interested parties.