London Assembly Labour Group Budget spokesman John Biggs AM today welcomed proposals for London to gain new decision, tax raising and spending powers. The proposals were outlined in the London Finance Commission’s Report launched at City Hall. John Biggs was a member of the commission.
Speaking after the launch London Assembly Labour Group Budget Spokesman John Biggs AM said:
“These proposals are very welcome and recognise the need to develop London government’s role in deciding the future of our great city. We need to be given the flexibility to invest in areas that are important to Londoners, including housing and business investment. By granting London the ability to control its property taxes and lifting the highly restrictive borrowing limits we can get growth going in our city. We can invest in the infrastructure that we need, strengthen London’s democracy and improve the accountability of its representatives.
“Let’s hope that the government are listening and take these proposals seriously, London is a city of over 8 million people – larger than many countries – and we must be given the tools we need to deliver economic prosperity for citizens in all parts of our city.”
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