Sir Keir Starmer, who is assembling his party's recently enlarged team of mayors, stated that "boosting growth across every region" will be at the top of Labour's devolution agenda.

In this year's mayoral elections, Labour secured a number of victories by well-known incumbents and won handily in the regions of the nation that were holding their first-ever mayoralty elections.

In the face of "a failing Tory Government that is choking off our economy and hoarding power," Sir Keir said that the local Labour leaders are "already setting the agenda."

When the committee convenes for the first time since the contests, the Labour leader will extend an invitation to collaborate on creating a “gold standard” for stimulating local economies.

We'll increase economic growth in all of our towns, cities, and regions, increase individual incomes, and raise living standards throughout the United Kingdom.

Sir Keir Starmer

Together, they will mold Labour's ideas for new, ten-year local growth plans, making sure they can be implemented as soon as possible if the party wins the upcoming general election, as polls indicate.

Labour outlined current initiatives such as Sadiq Khan's promises to create 150,000 jobs in London by 2028, Tracy Brabin's West Yorkshire Business Board, and Andy Burnham's Greater Manchester Strategy.

The party pointed to its analysis of Office for National Statistics data showing the average difference in gross domestic product per person between London and other combined authorities in England averaged £29,000 in 2022 as evidence that Prime Minister Rishi Sunak and the Tories were failing to implement their flagship policy of leveling up UK regions.

In his speech, Sir Keir will outline the ways in which a Labour government could support mayors in their efforts to stimulate economic growth. These ways would include extending devolution, creating Skills England, a new organization tasked with helping the business community meet its skills needs for the ensuing ten years, building 1.5 million homes during the next Parliament, and instituting new guidelines for public institutions to support regional growth.

The Labour leader said ahead of the meeting: “These local elections showed that the British public is ready to put their trust in this changed Labour Party. We will repay that trust by delivering economic growth for everyone, everywhere in partnership with our Labour mayors.

“Our growing team of Labour mayors is already setting the agenda and delivering for local people despite a failing Tory Government that is choking off our economy and hoarding power in Westminster.

“My Labour government would rebuild our economy hand-in-hand with local leaders. That’s why boosting growth across every region will be top of the agenda for our devolution plans. Drawing on the expertise and ideas of Labour mayors who know their communities best, we can set the ‘gold standard’ for delivering local growth.

“With our sleeves rolled up and plans already being developed before a general election, Labour will be ready from day one.

“We’ll turbocharge growth across our towns, cities and regions, put more money in people’s pockets, and improve living standards across Britain.”

Labour's victories included David Skaith winning the new York & North Yorkshire mayoralty, which includes Mr. Sunak's Richmond constituency, Kim McGuinness winning the new North East mayoral election, Claire Ward becoming the first elected mayor of the East Midlands, and Richard Parker's unexpected victory over Conservative Andy Street in the West Midlands.

The party held onto some metropolitan areas, including the Liverpool City Region, West Yorkshire, Greater Manchester, and London.

In addition to losing around 500 council seats and the Blackpool South by-election, the Conservatives were thoroughly embarrassed by the electorate in the elections earlier this month.

Conservative Party chairman Richard Holden said: “Sir Keir Starmer’s metro mayors have spent more time wading in on international issues they have no control over rather than delivering on people’s priorities.

“The worst thing Labour could do for regional growth is hike up taxes across the country – for that reason they should immediately rule out both the business rates and council tax revaluations they have opened the door to. We all know exactly why Labour would do that – to raise taxes on communities everywhere.

“We are boosting regional growth and creating thriving communities, investing over £15 billion in projects across the UK and backing 75 towns through our Long-Term Plan for Towns. Labour would take us back to square one.”