London is set to pay “more than its fair share” for Crossrail according to a new report published by the London Assembly Transport Committee. During its investigations, the committee heard evidence that central government will earn “around £22 billion over ten years” in extra tax revenue, yet is providing just £8 billion towards the scheme’s £15.9 billion funding package with London providing £7.8 billion future fares and a supplement on business rates.
Tomorrow: Mayor’s Question Time
Boris Johnson faces Assembly Members tomorrow (24 February) at this month’s Mayor’s Question Time where he’ll be questioned about the impact of his housing policies, cuts to the Metropolitan Police budget and an increase in the number of anti-Semitic incidents.
AMs investigate availability of 2012 tickets
Members of the London Assembly Economic Development, Culture, Sport and Tourism (EDCST) Committee will tomorrow look at how tickets for the 2012 Olympics are to be distributed.
A veneer of oversight
Today the London Assembly will hold a confirmation hearing into the appointment of Kit Malthouse as Chair of the Metropolitan Police Authority. It’s a pointless fudge between preserving the Mayor’s executive powers and paying lip-service to increasing scrutiny of him or her.
LibDems: Mayor failing to cut precept to build up election war chest
Boris Johnson has been accused of dodging the chance to help hard-up Londoners by cutting the Greater London Authority share of the council tax, opting instead to use excess funds in order to build up “a war chest of reserves” to used as part of an election year tax cut.