Responding to confirmation that plans to establish a City Hall-owned housing developer will be included in Sadiq Khan’s manifesto, to be published later today, Stephanie Pollitt, Programme Director for Housing at BusinessLDN, said:  

“Tackling the capital’s housing crisis must be a top priority for the next Mayor. London is suffering from a chronic housing shortage, with at least 66,000 new homes needed a year but delivery falling well short of this figure.

“We have long called for a new City Hall Developer to help unlock more public land for development and strengthen partnership between the public and private sectors.

“We urge all Mayoral candidates to back this proposal and other measures to boost housing supply, such as reviewing the capital’s green belt and working with central government to make public funding for affordable homes more flexible.”

About BusinessLDN

At BusinessLDN, our mission is to make London the best city in the world in which to do business, working with and for the whole UK.

We work to deliver the bigger picture, campaigning to tackle today’s challenges and to secure the future promise of London. We harness the power of our members, from sectors that span the economy, to shape the future of the capital so Londoners thrive and businesses prosper. We support business to succeed — locally, nationally, globally.

We campaigned for the creation of the office of London Mayor and Transport for London, for the Elizabeth Line, for congestion charging, we incubated Teach First and run the UK’s largest annual jobs and careers fair, Skills London. We create opportunities for our members, from sharing insights to providing platforms, from making introductions to finding new talent.