Eric Pickles has given the green light for the creation of a London-wide local enterprise partnership.
In a ministerial statement to the House of Commons, the communities secretary said he had written to the Mayor of London and to London Councils approving their LEP proposal.
The announcement brings the total number of approved leps to 31. They now cover nearly 90% of the country.
As LGC revealed last month, ministers have been considering three bids for LEPs from across London, but the pan-London proposal backed by the capital’s mayor Boris Johnson and lobby group London Councils was the frontrunner.
The other two London bids are a Thames Gateway LEP, comprising 10 east London boroughs; and London Anglia LEP, which is made up of six north London boroughs and four district councils in Hertfordshire and Essex.
Mr Pickles said: “We will continue to work with other areas with a view to establishing further local enterprise partnerships across England”.