Skip to content
Monday 20 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
CityPM

European business, markets and politics

FTSE 100
10,524.76
-0.71%
DAX
24,846.69
+0.06%
CAC 40
8,340.11
+0.02%
STOXX 50
6,227.40
-0.06%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 05 February 2019 8:25 am  |  Updated:  Monday 03 June 2019 2:08 am

Stop the inter-city infighting – London can lead a network of UK urban centres

There’s no more money in the pot.

Tightening local budgets have poured fuel over already heated debates on London’s role as a capital, with most Brits now believing that the city gets more than its fair share of public spending.

Badly-timed or seemingly imbalanced funding announcements that appear to give major new transport projects in London approval while cancelling those elsewhere have reinforced this notion.

London actually contributes billions more to the national purse through tax revenue than it receives in spending. But this message isn’t cutting through across the country. Despite the benefits their areas receive, just 16 per cent of British people living outside London think that the capital contributes to their local economy.

These same people may not be aware that London has been hardest hit in terms of absolute cuts by austerity. Centre for Cities recently found that the capital has had a total of £3.9bn removed from services spending since 2009. That means that London has shouldered nearly a third of all cuts in Britain.

But I too am slipping into the awful debate over who deserves more – and that isn’t the point of this article. The truth is that every part of the country is struggling.

The same Centre for Cities report – published just last week – found that cities across the country have been hit hard by funding cuts.

The scale of cuts in London has been comparable to Sunderland, Leicester, and Glasgow. From planning departments to housing, services are being stripped back.

We need to stop the infighting. Together, cities could have a powerful voice, pushing for greater devolution to enable the UK’s diverse localities to better address their own specific needs.

Our new report – London, UK – calls on the capital’s leaders to strengthen ties with businesses, local government, and other institutions across the country.

The establishment of a network of “metro mayors” offers a huge opportunity for collaborative working. This has the potential to create a powerful, cross-party alternative political voice for devolved government across the country.

Combined authority mayors are still relatively new in the UK, with the first six introduced in May 2017. But the potential for the mayoral network to work more closely together to advocate for stronger local governance and solutions to shared issues is exciting.

That’s a collaborative push forwards that London’s political, business, and cultural institutions should be leading.

The capital has a powerful role to play in reaching out to regional partners, to ensure that infrastructure investment and regional growth aren’t portrayed as zero-sum games, pitting region against region to compete for one increasingly small pot of money.

London’s leaders must work hard to get beyond the figures and change the narrative that the capital sucks resources from the rest of the country. This might sound like a tall order, but it is one that London must rise to if it’s going to successfully make the case for its place at the heart of the nation.

The London, UK report is published today and sets out new thinking on how the capital can better connect with its nation state. It’s available at centreforlondon.org/publication/london-uk-capital-country.

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News
  • Opinion

Categories

  • Business
  • Opinion
  • Politics

Related Topics

  • London business

Trending Articles

  • Revealed: KPMG and Deloitte offer bumper redundancy packages to slash headcount

  • John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

  • Octopus tells Burnham to ‘cut bills’ with £189 energy plan

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

  • Renault 5 E-Tech 2025 three month review – first impressions

More from City PM

  • ‘Poorly designed’ policies threatening London’s grip on global tourism

    Hospitality
    Bustling Regent Street showcasing vibrant storefronts and diverse pedestrians, capturing the essence of urban life.
  • Burnham to unveil plans for devolution and ‘reindustrialisation’

    Politics
    Andy Burnham smiling at a public event, wearing a suit and tie, representing positive leadership and community engagement.
  • FTSE 100 property giants urge Burnham to unleash London office construction

    Property
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
  • London Sports Festival Brings Panna Football to The Crescent

    Partner
    Panna football match in urban setting showcasing players skills and agility in a competitive city environment
  • How do you teach a robotaxi London? Waymo explains

    Tech
    Getty Images logo on a building facade, symbolizing brand presence in the media and photography industry.
  • ‘Moment of jeopardy’: City leaders issue rallying cry to safeguard London’s future as top financial hub

    Business
    Business professionals in formal attire engaged in a lively discussion at a corporate meeting in a modern office setting.
  • London City Airport faces opposition over bigger planes plan

    Transport & Infrastructure
    London City Airport terminal bustling with travelers and staff, showcasing modern architecture and vibrant city backdrop.
  • Sumo’s London return shows the capital really is a global sport leader

    Sport Business
    Breaking news event with reporters gathering for a press conference in a bustling city setting, microphones and cameras vi...
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook