So now the dust has settled, the Mayor has made his visit to Cannes and the London Growth Plan can be viewed in retrospect, what have we learned? Firstly, the document appears to be more than a statement of intent and it seems like the Mayor has taken the report’s recommendations to heart.

The launch was accompanied by an impressive event featuring the Mayor himself, industry leaders, Deputy Mayor Howard Dawber and cross-party representation from the Conservative Mayor of Croydon, Jason Perry. Clearly, this was more than just a stunt, there is emphasis and enthusiasm behind the proposals.

Secondly, it appears that City Hall is realistic about the challenges facing London’s sluggish growth. Yet it’s clear a true accounting of the plan’s success will not arrive quickly.

But first, a recap. The report sets out the significant challenges which the capital has been struggling with for some time.

Since the financial crash, London’s economic growth has been sluggish, to say the least, with an average of 0.12 per cent a year. Coupled with sky-high housing costs, an uncertain post-Brexit settlement and governments that have been less than enthusiastic about London’s role both politically and economically, there is a mountain to climb.

This is all against the backdrop of a Chancellor whose fiscal headroom is becoming increasingly challenging. Housebuilders and landowners reflect some of these difficulties too. Many waiting for the effects of last year’s political and economic uncertainty before greenlighting new projects.

So what does the report do? The challenge for the Mayor is to take advantage of London’s unique strengths, the new opportunities presented by the Planning and Infrastructure Bill, the English Devolution White Paper and a less fractious relationship with Whitehall.

There are a considerable number of renewed commitments to existing large infrastructure projects including the UK Innovation Corridor, the WestTech Corridor and the Thames Estuary as well as the new London Tech and Inclusive Growth Fund that seeks to support businesses capitalise on these opportunities.

The report also promises an inclusive strategy which will unlock 150,000 new skilled jobs across the capital, in addition to several additional recommitments to the DLR extension to Thamesmead, the long-promised Bakerloo Line extension and the West Orbital.

Reader, if many of these projects seem familiar that is because they are. Lots of the projects trailed in the report have had previous lives across several Mayors. What can we then learn from the Mayor’s ambitions in the London Growth Plan? Well, it would seem that this is a renewed commitment to ensuring that the capital begins to punch in its own weight class. However, before we get to that point, City Hall needs to ensure it is truly grasping the nettle.

On housing for instance, how is City Hall working with MHCLG to ensure that planning reform gives housebuilders the clearest runway to delivering the affordable housing needed in London? There is not a coffee that goes by where I don’t hear about the challenges of attracting a registered provider. Will the GLA support ambitious projects, rather than duplicating pre-application discussions with local authorities? Policy is crucial, the determination to drive growth and development is very different.

Whilst there’s much to like about the report, the jury will remain out until we see green shoots of growth. Ambition and aspiration is one thing; delivering is another kettle of fish entirely.