London’s success as a global city is powered by the people who live, study and work here. Local leaders across the capital are constantly inspired by their ambition, drive, creativity and diversity. Their efforts help London generate almost 30% of the national income from taxes linked to the economy, such as business rates.

It might be easy to assume that London cannot fail, or that it can stand a few knocks. After all, this is an established metropolis with international standing in key areas such as finance, digital technology, education, art and fashion.