London Mayor urged to build 50,000 new homes

The next Mayor of London must commit to developing at least 50,000 new homes a year in the capital to help meet growing demand for housing, business leaders have demanded. The CBI’s London Manifesto aimed at candidates in the Election, which will be held on 5th May, insists that the successful candidate must remain firmly focussed on business growth, to ensure that the city is an attractive hub for investment, creativity, skills and tourism. Lucy Haynes, CBI London Director, said, “London’s star has continued to rise over the past few years. From setting a new standard for hosting the Olympic Games to the emergence of Tech City, the capital has shown the world it is still the best place to grow, do business and thrive. “But in an increasingly competitive global race, the next Mayor must take some tough decisions from day one for London to continue to grow and prosper, and to keep the city a magnet for investment and skills. “From building the 50,000 homes a year the capital needs to house its talented workers, and a new runway that will boost our exports to high growth markets, to making the city a global beacon for digital and…

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