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Greens: Mayor Has Overspent Londoner Savings

July 8, 2008 by Staff

The Green Party on the London Assembly have accused Boris Johnson of “overspending” his previously announced savings.

When Mayor Johnson took office he announced the abolition of the Londoner newspaper which City Hall claimed would lead to £10.92m of savings over the next 4 years to be spend on the new Mayor’s policies.

However Green Party AM Jenny Jones says Mayor Johnson has committed himself to spend “a total of £16.08m” based on claims that the he would spend “£6m on Safer transport teams, £6m on park improvements, £4m on street trees, and £.08m on a Mayoral Prize for low carbon technology.”

Jones commented “Finance may not be Boris’ strong point, but surely even he must realise that once spent, money stays spent. It cannot be conjured back into existence by sleight of hand. If this is the Mayor’s idea of efficiency and value for money, I hate to think of his idea of poor financial management.”

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Filed Under: News

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