Metropolitan Line Extension £50million short of budget

– Letter confirms project may stall if additional cash is not found – Mayor’s fares policy could be putting £284million project at risk Officials at Transport for London have confirmed the Metropolitan Line Extension is £50million short of funding. The £284million project is set to connect the Metropolitan Line from Croxley to several new stations across Watford. The project received £49million from the previous Mayor…

BUDGET: Mayor keeps ‘Olympics tax’ after Games debt is wiped

– Sadiq Khan using loophole to raise cash for his unbalanced budget The Mayor of London is continuing to impose an ‘Olympic tax’ on Londoners – even though the debt of the Games has been wiped. The tax, known as the Olympic precept, was set-up before 2012 to help pay for the Games and the associated regeneration projects. During his electoral campaign, Sadiq Khan pledged…

‘Clumsy’ ULEZ extension will not tackle worst-polluting areas despite costing £780million

– Extension will only improve air quality by an additional 10% – original ULEZ will see 51% reduction – Projected additional cost of £780million – £220 per household – Money could buy 2,600 hybrid buses for same impact on emissions – Report calls on Mayor to keep original ULEZ and suggests alternative additions The Mayor of London’s proposal to extend the ULEZ is a clumsy…

Mayor ditches police numbers target weeks after raising council tax

– Removes £38million from Met’s police officer staffing budget Responding to the Mayor’s decision to cut £38million from the Met’s recruitment budget, London Assembly member Gareth Bacon said: “Even for a Mayor who has rowed back on almost all of his major pre-election pledges, this is an astonishing development. “Just three weeks ago Sadiq Khan announced he was raising council tax in order to maintain…

Use City Hall savings to fund card payment machines for London’s Black Cabs

£1.6m could be freed from the Mayor’s Budget to pay for new taxi tech Changes to the upcoming Mayoral budget should be used to bring card payment machines to over 11,000 cabs without this technology, according to Gareth Bacon, GLA Conservatives budget spokesman. New card payment machines could be funded by City Hall back office efficiencies but also by scrapping the over generous TfL “nominee…

Millions pledged to kick start London’s self-build industry

£5m new funding for self-build and affordable homes on disused sites The London Mayor has promised millions of pounds to help people build their own homes on redundant sites such as old laundries, garages and store sheds in London. For the first time, £5m of funding for self-builders has been secured in the Mayor’s 2015/16 budget by GLA Conservative Gareth Bacon. The cash is initially…

Slash the cost of TfL perks and City Hall politics to help frontline workers, homeowners and taxpayers

· 2015/16: Use £20.81m savings for self-build homes fund, panic buttons for Tube workers and further council tax cuts Money raised from cutting the cost of City Hall politics and scrapping free travel passes for flatmates of TfL staff should be used to help council taxpayers, frontline workers and aspiring home-owners, according to GLA Conservative Gareth Bacon.    

Budget: £10m for council tax cut, part-time Travelcards and affordable workspaces for start-ups

2014/15 costed proposals will slash over-the-top TfL perks and put cash into the pockets of Londoners Money raised from scrapping the over generous TfL “nominee pass”, which allows free travel for flatmates and lodgers of staff, should be ploughed into helping council tax payers, commuters and start-up businesses, according to Gareth Bacon, GLA Conservatives budget spokesman. The estimated £10m raised by cancelling the nominee pass…