Levelling up the regions could hurt London’s position as a financial capital, business leaders have warned the PM.
Boris Johnson’s computer game inspired soundbite, designed to appeal to the scores of constituencies his party took from Labour in the North and Midlands, will be transformed into policy as Chancellor Sajid Javid prepares his March budget.
But London’s mayor, Sadiq Khan, has warned that “starving the capital of investment” would be the worst way to narrow the gap between the capital and the regions.
London First has also urged the government to ensure that London remains “globally competitive”.
