Turning the East End into “a proper royal borough” may assist Tower Hamlets recuperate from the Covid emergency.
That’s the proposal being made by one councillor at tonight’s city corridor finances assembly.
Cllr Rabina Khan needs the council to apply to the federal government for “royal” standing for Tower Hamlets, one thing like Greenwich over the river from the Isle of Dogs or like Kensington & Chelsea or Kingston-upon-Thames.
Drumming up help… for Tower Hamlets bid for ‘royal’ standing
– Credit: Mike Brooke
Or perhaps accept “metropolis” standing just like the City of London or City of Westminster.
It’s not such a bizarre concept. Tower Hamlets holds the Crown Jewels because the boundary contains the Tower of London which is a royal palace.
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Cllr Khan is urging the mayor to put money into a long-term technique to increase the East End’s financial system.
This would additionally embrace a bid to relocate the European Bank for Reconstruction to Canary Wharf and the probability to host the newly-announced Advanced Research & Innovation science company, first revealed within the East London Advertiser on February 22.
A cross-party working group is being proposed to bid for royal standing and for the world’s largest life sciences hub to be arrange in Canary Wharf, following the federal government’s announcement of a UK life science company.
Our royal hyperlinks… Ceremony of the Constable’s Dues when the Constable of the Tower of London is introduced with a barrel of wine
– Credit: James Linsell-Clark/SWNS
“We live in a time of nationwide disaster with Covid-19,” Cllr Khan instructed the Advertiser. “The funding into life sciences can present hope for our financial sustainability. Barts Health Trust has one of many richest databases in Europe due to our inhabitants range.”
This would change the European Medicines Authority that stop Canary Wharf final 12 months following Brexit.
“This is a excellent spot with the upcoming location of the European Bank for Reconstruction and Development,” Cllr Khan will inform the council’s finances assembly.
“Tower Hamlets acquired the most important Covid-19 Grant Aid of all London boroughs, so there may be room to defend companies whereas investing in our financial system. We want to be extra bold.”
2011… final time Tower Hamlets utilized for ‘City’ standing
– Credit: LBTH
A cross-party working group may be funded from New Homes bonus cash, she suggests, whereas in search of royal or metropolis standing to put Tower Hamlets degree with its neighbouring City of London.
The final time anybody bid for metropolis standing was former mayor Lutfur Rahman a decade in the past, which was turned down by David Cameron’s authorities.
