London's property elite voted yes to energy, no to a new airport at the LandAid Debate on Tuesday night, raising £35,000 for the UK's disadvantaged young in the process.
Energy UK Chief Executive Angela Knight came out on top at Tuesday night's infrastructure-focused debate at City Hall.
The voting audience, who were invited to spend £50bn on infrastructure, were won over by her argument that new buildings like the Shard "have the potential to pull as much electricity as the whole of Colchester".
Knight's plea for investment in power stations and insulated properties to future proof the country's economic growth won around 90% of the vote.
Lord Andrew Adonis, fighting the corner for Crossrail 2, and Daniel Moylan, Airports Adviser to the London Mayor, went head to head on the age old airports vs. railways debate.
Adonis resorted to blackmail, offering the audience a free lunch if they voted for him, and Moylan claimed that Labour's Heathrow policy was the reason they lost the election, to which Adonis swiftly replied, "I thought it was Gordon Brown and the economy."
Presenting the case for technology, something to which the audience was broadly supportive, Juliette Morgan, Head of Property at Tech City UK, claimed that creating a digital skin over London would give the capital the "info-structure and infrastructure to power London's economic regeneration".
She even suggested that £50 billion could be invested into teleportation device research: "If we did this, then maybe we would not need an airport!"
Powering the Economy - the LandAid Debate 2014 took place in front of a 350-strong audience of UK property's leading lights in the GLA Debating Chamber. The event was hosted by Sir Edward Lister, Deputy Mayor for Policy and Planning, and facilitated by broadcaster Sarah Montague.
Knight Frank sponsored the event, and Helical Bar sponsored the closing reception in London's Living Room.
Joanna Averley, CEO of LandAid, said: "The LandAid Debate is a great occasion when the property industry gets together to discuss a topical issue. It's an evening to think about the future of London, while also investing in young people who need some help. Tonight our supporters have also raised over £35,000 to fund important projects that work with some of the UK's most disadvantaged young people. Thank you to our host Sir Edward Lister, the speakers and to all our partners for making the night such a success."
View the exclusive video for Estates Gazette by clicking here.