Questions have been raised about the number of newly built London homes that are sold to overseas purchasers when London has a housing shortage. This briefing note seeks to put the concerns over the number of overseas purchases in context. It provides some background as to why London’s housing market attracts inward investment and how this investment helps to increase overall housing supply for Londoners.
This briefing note sets out ten infrastructure priorities for the capital, and calls for action from the Government and Mayor to overcome remaining planning and funding obstacles to delivery.
A new report from London First, Deloitte, EMC and Intel reveals that the London technology, media and telecoms (TMT) sector generates an overall economic contribution of £125bn a year to London and the rest of the UK. This accounts for 8% of UK GDP.
Reflecting on 2012/13, the report outlines successes including the Government’s freeze on the migration cap, the formation of the independent Airports Commission and the publication of our Crossrail 2 Task Force’s findings. The document also looks forward to our priorities for the coming year, and beyond, explaining our objectives from 2013 through to 2020.
The Executive Summary of Building London, Building Britain - a report from London First and PwC on the economic impact of central London office construction
This report from London First and PwC examines the economic impact of central London office construction and finds that construction work in central London generates twice the economic benefits – and supports almost twice as many jobs – outside London as it does in the capital.
The Innovation Index is a project undertaken by FTI Consulting in conjunction with London First to identify the role of innovation in the professional services industry, London’s role as a hub, and the attributes that are seen to drive and hinder innovation.
London First's submission to the Airports Commission considers options for short-term solutions to the UK's air capacity crisis
Access to high quality international air travel is vital for business in the capital. International links have always been one of London’s greatest assets and adequate airport runway capacity is critical to the competitive position of London in a global economy. However, current capacity is insufficient to meet forecast demand. This document explores the issue and potential solutions.
A major new rail link connecting south-west and north-east London, via a tunnel beneath central London, is recommended today in a new report by London First. The new line, Crossrail 2, would transform journeys for commuters from the south-west and the north-east, including Wimbledon, Kingston, Twickenham, Hackney, Islington, Tottenham, Cheshunt and Hertford East. It would also provide essential relief to major London interchanges, including Euston, Victoria and Clapham Junction, and reduce pressure on congested Tube lines. In some cases, journey times would be more than halved.