The Autumn Statement

Meeting: 
MQT on 2014-12-17
Session date: 
December 17, 2014
Reference: 
2014/5266
Question By: 
Valerie Shawcross
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

Answer

Answer for The Autumn Statement

Answer for The Autumn Statement

Answered By: 
The Mayor

Good morning.  Indeed, it is an exceptional Autumn Statement for London in the sense that we are now able to go ahead absolutely for certain with the Overground to Barking Riverside, which will allow us to build effectively a new town at Barking Riverside about the size of Windsor, just as lovely as Windsor and possibly even lovelier than Windsor.

 

Andrew Boff AM:  Much lovelier!

 

Boris Johnson (Mayor of London):  Much lovelier than Windsor.  Thank you, Andrew.  You already grace it with your presence.  It is going to be absolutely fantastic with 11,000 new homes for Londoners and huge numbers of low-cost homes.  It will be a fantastic place to live and lots of market homes as well.  It is a totally wonderful thing.  We are going ahead with £55 million for that.

 

We have had continued support for Crossrail 2.  That is very valuable indeed.  It allows us to produce the business case.  Crossrail 2 will be critical for the future of this city.  It will allow us to deliver 200,000 new homes, get going the whole of that Upper Lea Valley and solve the problem of the Waterloo throat with the constriction on trains coming into Waterloo.

 

We had some very promising language from the Treasury, which I am sure you will have noted, Val, about the Bakerloo line extension and the Southeastern franchises.  Basically, what the Treasury was saying was, “The Mayor must decide what his priority is.  Is it to be the Bakerloo line extension or the Southeastern franchises?”

 

Valerie Shawcross CBE AM:  Thank you, Mr Mayor.

 

Boris Johnson (Mayor of London):  If I can just complete the point, the way is open for us now to campaign for both.  Both of these things would be hugely beneficial to London.  We should adopt the same negotiating tactic that we took in 2010 when the choice put to us was whether we were going to have Crossrail 1 or whether we were going to have the Tube upgrades.  We went for both and we secured both.  That should be the agenda.

Commitment