• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

MayorWatch

London News and Comment

  • NEWS
  • Twitter

Mayor urged to extend developments paying Crossrail levy

August 11, 2009 - Martin Hoscik@MayorWatch

Artist impression: Whitechapel station ticket hall
Artist impression: Whitechapel station ticket hall

Boris Johnson should reduce the burden faced by office developers in helping fund Crossrail by levying a charge on developers of retail and hotel projects according to London Councils, the body which represents the capital’s local authorities.

Under current rules all new office developments in central London will be required to pay a levy to help fund the scheme. In addition the Greater London Authority has been given the power to raise a supplement on the business rate.

Stressing their support for the scheme, London Councils has called on Mayor of London Boris Johnson to reduce the amount paid by any one development by extending the charge to other developments such as retail and hotels.

The body says it fears the charge could “put developers off building” and has urged Johnson to keep the impact of the charge on development under review.

London Councils’ Chairman, Councillor Merrick Cockell, said: “Crossrail will be of immense benefit to London and its surrounding areas, providing quick and easy access from the capital to the rest of the South East.”

“This is not just about the bigger picture. Londoners also need their local areas to prosper. The Mayor must understand that the benefits of Crossrail do not outweigh the need for affordable homes and local transport improvements in the capital.”

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to print (Opens in new window)
  • Click to email this to a friend (Opens in new window)

RECENT UPDATES

Tube and rail users to benefit from Oyster weekly fares cap

Mayor and TfL call on ministers to help plug funding gap

Tube to get full mobile phone coverage from 2024

TfL says Direct Vision Standard is already making HGVs safer for London road users




POPULAR

City Hall to move to Docklands as Mayor seeks to raise £55m for frontline services

‘Concern’ over TfL’s ability to deliver major projects in wake of Crossrail cost overruns

City Hall halts London Overground ticket office closures but many will still see opening hours reduced

Transport for London confirms bus cuts will go ahead despite passenger opposition

GOT A STORY?

As the original London news and scrutiny site we've been casting an eye over the capital's public services and politicians since 1999.

 

Many of our top stories started with a tip-off from a reader - if you've got something you'd like us to cover get in touch and we'll do the rest.

Stay In Touch

  • E-mail
  • RSS
  • Twitter

Copyright © 2022 · Terms of Use · Privacy Policy

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.