BusinessLDN's report highlights the urgent housing crisis in London, suggesting that the establishment of a new town could significantly contribute towards addressing the 'huge housing need' in the capital.
Labour’s election manifesto promises 'to build a new generation of new towns', with the specifics about locations being revealed in 2025 to facilitate housing delivery.
The report emphasizes that around 60% of London's green belt is within 2km of a rail or Tube station, indicating potential sites for accessible new town developments.
Deputy Mayor Tom Copley noted that 'the scale of London’s housing challenge requires bold solutions', endorsing the idea of a new town to accommodate future growth.
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