Unlocking economic potential in West London
The voice of London business, Baroness Jo Valentine of London First spoke about the importance of unlocking west London’s potential at Place West London, the economic development summit for the sub-region, which took place on October 14.
West London has a dynamic business environment with over 50,000 registered businesses operating in the area, but according to Baroness Valentine there are opportunities to do more and do it better.
Baroness Jo Valentine said: "West London is a perfect location and it has the ability to flourish. There is dynamism and entrepreneurialism in west London business, but there are a number of things holding the area back, including weak transport links and investment in infrastructure is a priority."
The Chief Executive of the member organisation for business expressed that businesses prefer to lead and drive innovative changes and need to establish mutually beneficial partnerships with each other.
Baroness Jo Valentine added: "There is a lot to do together, for example councils are catalysts in local communities and we need to allow local authorities to operate in a flexible way. There is a perception that local authorities make life difficult, for example with planning applications, but they want to help make an area a good place to work and live in."
Place West London featured top speakers from the worlds of politics, regeneration and business bringing together representatives of well over 120 public and private organisations to listen to a packed programme including London Deputy Mayors Sir Simon Milton and Richard Barnes, Leader of London Borough of Hammersmith & Fulham Steven Greenhalgh, London Director of the HCA David Lunts, developers such as Julian Barwick of Development Securities and Richard Powell of CapCo.
300 delegates enjoyed the sessions focused on the key economic development and regeneration issues in west London and used the occasion to network with peers and collaborators during the day at the conference and at the evening dinner.
Partners in the summit include West London Partnership and West London Business, with supporters including UK Regeneration, Park Royal Partnership, London First, Think London, and the London Boroughs of Brent, Ealing, Hammersmith & Fulham, Harrow, Hillingdon and Hounslow.
Sponsors include Brunel University, Barratt Homes, DPP, Hines, IBB Solicitors, and the University of West London. Corporate Supporters of the event include BAA, GlaxoSmithKline, Development Securities, Capital & Counties and Westfield.
Please visit www.placewestlondon.com for further information.