City of London praised in independent review but warned on housing and finances
This week, a City of London peer review praised the Corporation’s leadership and strategic direction while warning that housing standards, governance reform and financial pressures now require sustained attention in the Square Mile.
The independent assessment, conducted by senior figures appointed by the Local Government Association, examined the Corporation’s strategic leadership and local authority functions. It concluded that the organisation has clear priorities and visible momentum, but faces structural and financial challenges that must be addressed.
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Read the storyWhat the City of London peer review found
The review commended economic programmes including the Destination City strategy, which aims to strengthen the Square Mile’s position as a global business centre. Employment now stands at 678,000 jobs, around 25 per cent above pre-pandemic levels.
It also cited the Corporation’s £68 million climate action programme and improvements in internal management, including project oversight and staff engagement. Children’s services were separately noted following a recent outstanding rating.
The City of London peer review also recommended further streamlining decision-making processes, building on earlier governance reforms arising from the 2020 Lisvane review, which reduced the number of committees from around 130 to around 80.
Policy Chairman Chris Hayward said the review “confirms the strength of the City Corporation’s leadership” but acknowledged that challenges remain.
“We are not complacent,” he said.
“The report highlights important issues and we will act on them.”
Town Clerk Ian Thomas described the findings as constructive and said the organisation would use them to improve delivery.
The peer review team spent four days gathering evidence and meeting staff, elected members and residents. The assessment focused on the Corporation’s local authority responsibilities rather than its ceremonial or open space roles.
For ongoing coverage of governance and policy in the Square Mile, follow EyeOnLondon’s City reporting.
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