On devolution and why it’s what London needs

At the behest of the Mayor of London, Sadiq Khan, the London Finance Commission reconvened once more to produce an evidence based report on the possibilities of devolution with specific focus on tax and spending arrangements in the capital. This report, titled Devolution: a capital idea, is especially important seeing as the political landscape will continue to be altered after the June 2016 EU referendum vote. The process of devolution has been evolving since the LFC last convened in May 2013 when they published their first report, Raising the Capital. LSE London’s director, Tony Travers, chaired the LFC for this report.