The City of London Corporation has laid out a plan to solidify the Square Mile's position as a leading global financial center, focusing on economic growth, sustainability, and attracting workers back to the office.
The City of London Corporation has set key targets, including making the Square Mile net zero by 2040 and “enticing workers back to the office,” as it aims to maintain its crown as a “world-class” financial centre. The Corporation has unveiled its corporate plan for 2024 to 2029 in a bid to ensure the Square Mile continues to be top of the class of “global financial powerhouses.
Key outcomes for the corporation in achieving this are establishing diverse and engaged communities, with a focus on increasing the number of candidates and voters in City elections – and championing dynamic economic growth. The corporation said it would aim to retain the UK’s No. 1 spot in the competitiveness benchmarking composite score and the Global Green Finance Index GGFI and increase the number of weekday workers in the Square Mile.
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