Social and economic opportunities

• Successive waves of migration has created many opportunities
• European Migrants since 2000


  Have contributed more than £20 billion to UK finances
• EU migrants


  Contributed 64% more in taxes than they received in benefits
• Most migrants


  Have less reliance on benefits than UK born Workers (43% less, likely to receive state benefits)
• Diverse population from different countries means that 300 different languages are spoken in London and at least 14 different faiths practices creating a fairly tolerant society towards multiculturalism
• Employment 


  Kings Cross - 67 acre site

   

  £3 billion redevelopment of former industrial wasteland

   

  New N1C postcode

   

  £550 million investment into railway station

   

  All of this requires jobs to build and will create more

   
• Recreation and entertainment 


  Shoreditch and Brick Lane

   

  Gentrification - middle aged people move in and invest

   

  Many Indian and Asian industries

   

  Converted industrial buildings --- Offices
• Integrated Transport systems 


  • Crossrail: East - West London

  Connects Heathrow with Central London again

   

  • 9 new stations
  • 221 trains per hour at peak times
  • 65 new trains - 1.5k passengers each
  • New Tunnels underneath London

   

  • 55,000 new Jobs CREATED - Such as Train operators

   

  • £42 Billion invested from new Crossrail line (investing in economy)

  Better links between Capital's major connections and business district
• Environmental 


  Greenway

   

  Footpath and cycle way around Olympic Park

  7.2 km

   

  In STRATFORD which was a Brownfield Site
• Opportunities

  Transport - Aviation hub - Airports

   

  Economic - some of up to 500 companies here

   

  Environmental - 40% of London is green space - protected parks - 8 royal parks

   

  Entertainment - West End Theatre - sporting venues: Olympics and RWC 2015

   

  Cultural - Multicultural - 300 languages spoken