Bridget Rosewell a panelist in new London Finance Commission
In July Boris Johnson announced the creation of the London Finance Commission which features Volterra’s senior partner Bridget Rosewell as a panelist, and which met for the first time last week. The Commission was part of Mayor Boris Johnson’s re-election campaign to ensure that London gets back in funding a fair share of what it contributes to the national public purse. The commissioners will examine how the current way of funding London can be improved to help to secure its future as the world’s leading big city, driving jobs and growth and boosting the capital’s economy. The Mayor , said: “The capital must not be seen simply as a cash cow for the rest of the UK and the time has come for London to take greater control of its own destiny. I firmly believe that Londoners should see more of the growing tax revenues they generate for the public purse staying here in the capital.’ The commission will report its findings by Spring 2013.