1. Is London Broke and does it need fixing 18 January 2010 Bridget Rosewell Chief Economic Adviser

2. Is London broke?  High poverty levels  Crowded, expensive, dirty  Diverse  High productivity  Growing  Successful

3. Child poverty higher in London and resistant to change

4. Higher poverty among adults too

5. Men less likely to work

6. Women even less likely to work

7. And the unskilled find it hard to get jobs

8. Housing is expensive

9. On rail too...

10. And road speeds still falling

11. Specialisation in productive sectors

12. Ability to transform itself

13. A highly productive economy

14. Huge accessibility

15. A high end centre

16. And well spread facilities

17. Positive trends even after recession

18. London civilian workforce jobs Source: Office for National Statistics

19. Tax levels may become a problem

20. Because deficits are significant

21. Large imbalances in public sector spending, which predate current recession

22. Debt still not historically high but rapid rises are a real problem

23. Nor out of line internationally

24. The challenge  To maintain investment  Maintain pressure on long standing and embedded problems  Support the successful