Luton is fast becoming the go-to commuter town. At a mere 30 miles north, the town is ideally situated for getting into London for work and leisure, whilst property prices remain well below that of the capital.
Luton benefits from hosting one London’s six international airports, London Luton Airport. With destinations across Europe, Africa and Asia, Luton Airport is the fifth busiest in the UK, with over 14.6 million passengers passing through in 2016. The airport is the biggest source of jobs in the area, with EasyJet, Monarch and TUI air travel companies all basing their headquarters in the town.
Indeed, Luton’s economy has come a long way from the days when one of its biggest industries was hat-making (though this history is still reflected in local football team Luton Town FC’s nickname, ‘The Hatters’!). Alongside the airlines, another large, notable employer is Vauxhall Motors, who have their head office, as well as a commercial vehicle plant, in the town. The retail and service industries are also major contributors to the local economy.
This multi-cultural town is host to a large number of restaurants from a wide range of cuisines, including Italian, Malaysian, Indian, Thai and Caribbean. There are also a number of bars, pubs and clubs, many catering towards the town’s student population.
Luton is home to one of the University of Bedfordshire’s main campuses. In recent years, the university has invested nearly £8.5million in creating two new state-of-the-art buildings for students on art, design, writing, media and journalism courses.
With a range of schools rated ‘good’ or ‘outstanding’ by Ofsted, the town is also a good choice for families.
Aside from the airport, Luton is incredibly well connected to the UK’s major cities by both rail and road. The M1 motorway connects the town with London and the North of England, whilst its three mainline railway stations – Luton, Luton Airport and Leagrave – provide access to London, Brighton, Leicester, Leeds and Sheffield.
These factors combine to make Luton a top choice for families, workers and investors looking for an affordable option, close to London.
If you want to learn more about investing in Luton then why not read Why Invest in Luton.