The Mayor’s office says the money, which comes from City Hall’s share of Business Rates, will allow the force to fund “an extra 1,000 police officers than would otherwise be affordable.”
An internal TfL email reported last week by BBC London cites the loss of a £700m annual government grant as one of several factors contributing to a feared loss of “£968m” next year.
Historically the Met has policed along local council boundaries, with each borough having its own allocation of officers, vehicles and dedicated borough commander. However, in response to budget cuts, it’s been trialling a new structure in which borough commands are abolished and resources pooled.
The ‘Small Sites, Small Builders’ scheme is part of the Mayor’s efforts to boost housebuilding in the capital, including the supply of “genuinely affordable” homes.
The brigade is currently overseen by the London Fire and Emergency Planning Authority (LFEPA) which, while funded partially by the Mayor, is a legally separate body with its own members.