City of London sets five-year recovery plan after pandemic

City of London sets five-year recovery plan after pandemic

The City of London is keen to foster growth in sectors such as green finance, fintech and the creative industries, according to a post-pandemic stimulus plan for the financial district.

The City of London Corporation, which governs the region, is revising its long-term strategy, including planning policies, to reflect flexible working practices. It will push for the adoption of new “smart city” technologies and renewable energy networks.

These will be part of a consultation with businesses and residents on a five-year “master plan” to revive the Square Mile, as the city is called, which is facing questions about its future in the face of threats. twins of Brexit and the pandemic.

The company has created a “recovery task force” to put the plans together. An interim report from the group seen by the Financial Times identified more than 100 different proposals to ensure that the financial district is “internationally competitive and locally vibrant.”

The city has …

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