London 's West End is to receive 70m to restore the luster of Central London. The Vision sets out a way to enable the West End to bounce back from the massive impact of 7th July - business is still up to 30% down - and to pr esent a truly world class city centre for London in time for the 2012 Olympics.

Amongst the schemes within the Vision are major im pr ovements to Oxford Street and a multi-million pound development of Leicester Square. Simon Milton, Lea der of Westminster City Council, said: " London 's West End is an economic powerhouse, a shop window for what London has to offer in retail, leisure and entertainment and a series of residential communities. "There are great challenges ahead. If we are to fully address the economic impact of the bombings, and make London 's centre truly worthy for the city hosting the Olympics and Paralympics, we need to invest now."