Former and, he hopes, future London Mayor Ken Livingstone (looking groovy in a fashion shoot, left) has announced if elected he hopes to create a similar Festival to South By South West, the successful music Expo in Austin, Texas that has launched the careers of numerous Indie bands. Livingstone points out that the Austin city council conservatively estimated its music expo SXSW 2008 to have had an economic impact of around $110million on the Austin economy.