Sadiq Khan Launches Plan to Create 150,000 Jobs in London by 2028
The London mayor's initiative aims to bolster economic growth and counteract government's 'anti-London' stance.
- Mayor Sadiq Khan, alongside shadow chancellor Rachel Reeves, announced a 'London growth plan' to generate 150,000 jobs by 2028, focusing on sectors like AI, fintech, and life sciences.
- The plan seeks to demonstrate that economic growth in the UK and London are not mutually exclusive, emphasizing collaboration rather than competition.
- Khan criticizes the current government's 'levelling up' agenda as detrimental to London, advocating for a more inclusive approach to national prosperity.
- Promises of devolved powers and a reset in relations between the government and London were made, aiming to leverage the city's contribution to the national economy.
- Khan's re-election campaign is marked by this initiative, despite concerns over voter turnout due to new voting requirements and his significant lead in polls.