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Congestion charges could benefit stores

Series: Retail Week ; 18 May 2001, 23(1)Publication details: 2001Subject(s): Summary: Proposed congestion charging might benefit the retail sector in London and could lead to a rise in property rental values due to reduced journey times according to research by Healey & Baker. However the report, which also found retail rents would fall by 2% if the charges are not introduced, warns that improvements in travel times are likely to be smaller than predicted in Mayor Ken Livingstone's draft plans.
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News article London News article WB3711-11 (Browse shelf(Opens below)) 1 Available 112732-1001

Proposed congestion charging might benefit the retail sector in London and could lead to a rise in property rental values due to reduced journey times according to research by Healey & Baker. However the report, which also found retail rents would fall by 2% if the charges are not introduced, warns that improvements in travel times are likely to be smaller than predicted in Mayor Ken Livingstone's draft plans.