The capital's economic growth is set to continue and by 2016 an additional 440,000 jobs are expected to have been created in the business services and finance sectors alone. Indeed, forecasts suggest that London's economy will continue not just to grow, but to significantly outpace the rest of the UK. A report from PriceWaterhouseCoopers suggests that the London economy will grow by some £43 billion by 2012 and could reach £350 billion by 2020; a huge increase from the 2006 level of £198 billion.

Regeneration activity is paramount

In order to stay at the forefront of the global economy and to continue to attract investment, regeneration activity is paramount and significant areas of London are undergoing massive transformation.

An area to benefit from significant regeneration activity and infrastructure improvements is Dalston, which in 2010 will see the arrival of the East London Line underground extension. In April 2006 Young Group bought an entire development, The Interchange. Prices started at £201,000 and within 18 months the value had increased by 30%, a return on cash in excess of 300%.

£16 billion Crossrail project is now underway

London's regeneration is set to continue, with significant infrastructure projects in the pipeline in support of the London 2012 Olympics and beyond. With the first phase due for completion in 2017, the much anticipated £16 billion Crossrail project, which will link East and West London (from Shenfield to Maidstone) is now underway. It is an ambitious project, expected to create 30,000 new jobs and when completed will boost the UK's GDP by £30 billion. London will be the prime beneficiary.

From a national and global perspective, London's economic, social and commercial standing as well as its geography and historic links, will ensure that it continues to dominate, attracting the best talent and investment.

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