London 'the best city in the world'

A panel of speakers at the MIPIM property conference in Cannes have described London as 'the best city in the world'.

Commenting on the prospects for the city, London Development Agency chair Mary Reilly said three crucial factors were combining to make the British capital an ideal place to live in.

First and foremost is the strong local economy, she said, which has allowed property in the capital to continue appreciating in value despite the wider downturn in national house prices.

The second crucial element is the commitment that all Londoners are included in the development and evolution of the city, with the capital's most underprivileged residents being the first to benefit from regeneration efforts.

And finally, Ms Reilly said, mayor Ken Livingstone's commitment to combat climate change is ensuring the UK retains its global image as a pioneer in green-friendly building practices and sustainable growth.

Summing up the future of the city, London First chief executive Jo Valentine affirmed the need to support further development in capital.

"We must treasure the golden goose, not kill it," she said. "We must also ensure it gets the trains it needs and the airports and flight routes it needs."

Published 14th March, 2008

© 2008 Estates IT Limited

Latest London Property News Headlines

Bellingham: A diverse and quiet suburb with a strong sense of community

Bellingham: A diverse and quiet suburb with a strong sense of community

Bellingham is a London suburb located in south-east London. It forms part of Lewisham and is quite close to Catford. 

Read Article ... Published on 21st November, 2014

Research highlights lack of affordable mortgages

Research highlights lack of affordable mortgages

There is a shortage of affordable housing, according to new findings. 

Read Article ... Published on 21st November, 2014

Why Abbey Wood is transforming into a sought-after location

Why Abbey Wood is transforming into a sought-after location

Abbey Wood is a small district located within south-east London, within the boroughs of Greenwich and Bexley.

Read Article ... Published on 19th November, 2014

New market plans given the green light by Wandsworth Council

New market plans given the green light by Wandsworth Council

Wandsworth Council have approved plans to develop the country's biggest fresh produce market, it has been announced.

Read Article ... Published on 17th November, 2014

Haringey launches initiative to boost energy efficiency for residents

Haringey launches initiative to boost energy efficiency for residents

Haringey Council has spearheaded a new initiative designed to cut energy bills for its residents, it has been revealed.

Read Article ... Published on 14th November, 2014

New transport links for Wandsworth

New transport links for Wandsworth

Battersea and Nine Elms are now a step closer to central London after the government announced plans to build two new underground stations in the area. Wandsworth is one of the areas of London set to benefit the most from the planned extension of the Northern Underground line. The plans were unveiled by the Department for Transport (DfT) and Transport for London (TfL) on November 13th.

Read Article ... Published on 13th November, 2014

Bexley schools among best in country

Bexley schools among best in country

In heartening news for the borough’s parents and young people, pupils at Bexley schools and colleges are progressing to higher education at some of the highest rates in the country.

Read Article ... Published on 13th November, 2014

New Eltham: A thriving London district which is great for retail therapy

New Eltham: A thriving London district which is great for retail therapy

New Eltham is based in south-east London, and is based in the London borough of Greenwich. Parts of it also lie in Bexley.

Read Article ... Published on 7th November, 2014

Haringey Council given the go-ahead to build affordable homes

Haringey Council given the go-ahead to build affordable homes

Plans to build more than 100 affordable homes in Haringey have been given the green light, it has been announced.

Read Article ... Published on 6th November, 2014

Bromley Council to create extra accommodation for vulnerable residents

Bromley Council to create extra accommodation for vulnerable residents

Bromley Council has increased the amount of temporary accommodation it has available by revamping a disused care home, it has announced.

Read Article ... Published on 5th November, 2014

A panel of speakers at the MIPIM property conference in Cannes have described London as 'the best city in the world'.

Do you want a Short Let?

Do you want a Commercial Let?



Like this?
Share this
Follow Net-Lettings
Facebook Net-Lettings.co.uk Twitter Net-Lettings.co.uk RSS Feed
Follow Estates IT
Facebook Estates IT Twitter Estates IT RSS Feed

Estates IT offering Estate Agents Software. Lettings Agent Software, Rental Software, Property Management Software.
Net-Lettings.co.uk

Net-Lettings.co.uk was one of the first property and agent directory websites on the internet launched in 1996. We still believe in simplicity today. Use this London Lettings Directory for all your rental property needs whether a Tenant or Landlord.

Subscribe to RSS feed, or bookmark us so you do not miss any London News Articles we publish.

London Areas

London is a diverse community of people. There are many areas to choose from we have around 245 that appear on the map and approximately 338 total London areas. Here are just a few of the latest hot areas.

Letting Agents Docklands
Letting Agents Camden
Letting Agents Notting Hill
Letting Agents St John's Wood

Advertising & Sales

This site offers Letting Agents low cost effective advertising of their web site. We are not a Letting Agency but connect you directly Lettings Agents in your required area. Letting Agents see below options available with Net-Lettings. You can contact or follow us below.

Advertise on this site ...
Register with us ...
Need Estate Agent Software?

Nibbler report