To introduce our newest service lines and to set forward our strategic priorities for the upcoming year, we highlight some key achievements and corporate values to date. With an introduction from our Chair, Sir Harvey McGrath, please read through our mission goals and strategic priorities for our core service lines for 2025-2026.
“Whilst a significant aspect of LTL’s mission will always include the delivery of the Treasury Shared Service to the GLA Group, together with harnessing the significant benefit of the London Treasury Liquidity Fund strategy and supporting the Mayor’s impact driven agenda, London Treasury is at the cusp of expanding its reach to help deliver transformative solutions across the wider London public sector and beyond.” – Sir Harvey McGrath, Chair. March 2025.
Our Values and Mission Goals
We combine deep expertise in multi-asset strategic investments, corporate treasury, impact and SME investment to deliver transformative solutions for the public sector.
London Treasury Liquidity Fund (LTLF)
Our innovative partnership pools local authority cash, using scale to dilute management costs and unlock the benefits of resilience, expertise and diversification.
LTLF is a unique long-term agreement between participating public bodies to deliver daily access to liquidity while equitably sharing returns from pooled investments.
Treasury Shared Service
We provide integrated treasury services through the GLA’s collaborative shared service arrangements to enhance efficiency and service resilience and to identify opportunities for savings and risk reduction.
Impact Investment and Analysis
We provide support for projects that help London meet its net zero ambitions, including supporting climate budgeting across London and enabling local authorities and other public sector bodies to secure finance from the GLA to achieve net zero targets.
Funding London: SME Investment
We provide early-stage investment to London-based SMEs caught in the funding gap.
Our Key Achievements
Risk and Compliance
- Systems in place to ensure we meet our regulatory obligations and keep pace with regulatory developments
- Risk management framework and ICARA developed and approved by the London Treasury board
- Compliance policies strengthened
- Regulatory training programme established across the organisation
Equality Diversity and Inclusion
- Established EDI agenda which is aligned with the wider GLA CFO Directorate action plan
- Every team member has EDI targets
- Team completed mandatory training enabling diverse interview panels
- Team pulse survey allows us to identify areas of concern and address those
Finance
- Implementation of new accounting system enabling excellence in management information
- Enabling reporting to support strategic decisions
