Feb 26, 2016Your property,lifestyle and investment specialist in for properties in Turkey for sale. Villas in Turkey, Apartments in Istanbul, Penthouses in...
Jun 11, 2014Capital Bedrooms and Kitchens is specialising in fitted wardrobes for bedroom and kitchen. If you are interested in what the company has to offer,...
Jan 19, 2017London Kool Fitness is a brand new Fitness and Personal Training business in Southwest London. We provide an On Site Gym and Beautiful Outdoor...
Feb 14, 2017
Jul 7, 2016
Jun 9, 2018
Mar 12, 2015
Dec 18, 2015 Education and Training
Established in 1974, David Game Higher Education (DGHE) a division of David Game College aims to...
Dec 8, 2015 Consumer Goods and Services
Local Cleaners Chelsea supplies professional cleaning services for both- commercial and home...
Dec 16, 2015 Home Improvement
We have founded our cleaning company in the London area of Bow and for many years now we have...
Oct 10, 2015 Health
GoodLooking Optics' vision is to be the world's best opticians. To be the best, means providing...
Dec 30, 2015 Business Services
Established flooring company, covering all the aspects of wood floor sanding and finishing...
London needs £1.3 TRILLION by 2050, says Boris
posted on Aug 2, 2014
A whopping £1.3 trillion – that’s how much investment the capital needs by 2050.
Launching a new report, “London Infrastructure Plan 2050”, London Mayor Boris Johnson said that London needs a “a real wake-up call” to fulfil the capital’s needs over the next half century.
He said: “Without a long-term plan for investment and the political will to implement it, this city will falter. Londoners need to know they will get the homes, water, energy, schools, transport, digital connectivity and better quality of life that they expect.”
Take a look at what the capital needs by 2050:
£200bn - spending on transport infrastructure needed in the capital by 2050
For London to retain its crown as one of the world’s top cities, it needs a £200bn investment for transport. The new transport plans include:
- A fast orbital rail service linking boroughs in the inner suburbs which will help regenerate areas and decongest Tube lines
- Crossrail 2, a new north-south line linking Wimbledon to Hackney across central London
- Driverless cars
11 million – London’s population by 2050
London is set to surpass its previous 1939 population peak of 8.6 million at some time in 2015. The report suggests the capital will have 10 million people by the early 2030s and 11 million by 2050.
6.3 million – employment in the capital by 2050
The capital provided 4.9 million jobs in 2011 and that number is expected to increase to 6.3 million by 2050. According to the report, this equates to a per annum growth rate of 0.71%.
1.5 million new homes by 2050
The number of houses London delivers is on the rise. However, to meet the backlog, the capital needs to build 49,000 new homes every year. By 2050, Londoners need 1.5 million new homes.
Source: By: Shruti Tripathi - http://www.londonlovesbusiness.com