14.09.2015 Views

The Mayor’s Outer London Commission Final Report

The Mayor's Outer London Commission: Final Report - Planning ...

The Mayor's Outer London Commission: Final Report - Planning ...

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

On the basis of existing evidence how much<br />

employment growth might be expected in <strong>Outer</strong><br />

<strong>London</strong>?<br />

Scenario 1: continuation of 1989 – 2006/7 historic trends in <strong>London</strong> employment and no<br />

change in outer <strong>London</strong>’s share of this = 4,600 more jobs pa (in context of 22,000 more jobs<br />

pa across <strong>London</strong> as a whole): a static view of how employment might change, taking no account of<br />

the changing importance of different sectors in the future<br />

Scenario 2: 2008 <strong>London</strong> Plan forecast based on a triangulation of now dated historic<br />

trends, estimates of development capacity and improvements to public transport accessibility<br />

= 10,000 more jobs pa: takes account of changing relationships between different sectors but does not<br />

reflect the most up-to-date information on economic trends<br />

Scenario 3: Oxford Economics 2009 forecast = 10,500 more jobs pa: an up-to-date, top-down,<br />

macro-economic view but does not reflect local infrastructure investment and development capacity<br />

New <strong>London</strong> Plan forecast based on new employment, development capacity and public<br />

transport capacity data: work in progress….. But could be 6,000 – 8,000 more jobs pa, perhaps<br />

spread across almost all outer <strong>London</strong> boroughs.<br />

Conclusion: forecasts taking account a range of factors all suggest growth<br />

above historic trend

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!