Originally known as Bishop’s Lynn, King's Lynn is a seaport and market town located in Norfolk, north of London and North East of Cambridge. In the 14th Century, the town was ranked as England's most important port. It was vital to England due to its expansive sea trade. Its early economy was built on exporting grain and while it was no longer considered a major international port, it continues to import iron and timber. In recent times, there has been significant regeneration in the town. Residential housing, shopping centres and a business park are among the improvements recently done within the community. While King's Lynn has always been a centre for fishing and seafood, small-scale engineering works and glass making have also become leading industries. In 2008, it was the fastest growing port in Great Britain.