Agenda item

Joint report of the Remembrancer and the Directors of Public Relations and Economic Development.

The subcommittee received a joint report of the Remembrancer and the Directors of Economic Development and Public Relations on political developments and policy issues affecting London. In response to a comment from the Chairman on the critical importance of housing policy to London, a member commented that the Conservative pledge to extend Right to Buy to housing association stock would potentially undermine the ability of housing associations to raise finance at AAA rates, and therefore the City of London Corporation should be involved in such a debate.

Members noted that both Zac Goldsmith MP and Stephen Greenhalgh were likely Conservative candidates for the London Mayoral elections in 2016.

RECEIVED