Sadiq Khan launches growth plan to 'turbocharge' London economy with '£11,000-in-your-pocket' claim

The mayor’s London Growth Plan aims to restore productivity growth to an average of two per cent a year in the next decade - (PA)

A plan to “turbocharge” economic growth across the capital has been launched by Sir Sadiq Khan with the claim it could put an extra pre-tax average of £11,000 in each Londoner’s pocket.

Unveiled on Thursday morning, the mayor’s London Growth Plan aims to restore productivity growth to an average of two per cent a year in the next decade, which, according to City Hall, would make London’s economy £107billion larger by 2035.