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Mayor of London Sadiq Khan during the Diwali on the Square celebration, in Trafalgar Square, central London, October 27, 2024
Focus on equal access to assisted death rather than risks of legalisation for oppressed groups wrongheaded, MPs and campaigners say
LONDON Mayor Sadiq Khan warned today that London’s housing crisis is dragging the economy down as he called for a significant increase in investment to build more affordable and social homes.
He also called for the creation of a devolved City Hall Developer Investment Fund after City Hall research found that a 1 per cent increase in housing affordability could boost the capital’s economy by £7.3 billion over a 10-year period.
He backed the easing of constraints on local government to borrow to build — including providing certainty on Public Works Loan Board loans, which offer low-rate, long-term loans to councils — at the Centre for London’s annual conference.
