Driving Jobs & Growth
The London Economic Action Partnership (LEAP) is the local enterprise partnership for London. The LEAP brings entrepreneurs and business together with the Mayoralty and London Councils to identify strategic actions to support and lead economic growth and job creation in the capital.
Local Enterprise Partnerships: Following the UK General Election of 2010, the Government committed to establishing local enterprise partnerships to replace the Regional Development Agencies (RDAs). The first LEPs were established in April 2011 and there are now 39 LEPs across England.
How LEAP operates
Because of London’s unique governance arrangements, LEAP’s role is not the same as that of the local enterprise partnerships that have been established elsewhere in the country. LEAP therefore has an advisory role and works within the framework set by the London Plan and other Mayoral strategies.
LEAP is a non-incorporated consultative and advisory body established by the Mayor under sections 30 and 34 of the Greater London Authority Act 1999. As a Mayoral appointed body with no separate independent or corporate legal status, LEAP operates through the GLA which acts as the LEP's “accountable body” when funding arrangements are entered into with the Government or European Commission.
In October 2010, the Government invited the Mayor, London boroughs and business leaders to consider the case for whether and how local enterprise partnerships could be formed in London. In response, the Mayor, with London Councils, decided that there was a strong case for a single pan-London partnership to complement existing working arrangements between London business, the Mayor and the boroughs.
On 16 December 2010, the Mayor and London Councils submitted their proposal to Government for a local enterprise partnership for London with the support of leading business organisations. The proposal was for a partnership covering all of Greater London, reflecting the city-region scale and interconnected nature of London’s economy. The proposal described how the partnership would contribute to the delivery of the Mayor’s Economic Development Strategy and be supported by strong local partnership arrangements, stretching outside London as appropriate. On 17 February 2011, the Government announced approval of the proposal and in February 2012 the Mayor of London formally established the LEP.