Mayor of London calls for register of overseas property ownership to tackle money laundering February 6, 2022 The Mayor of London has called for a register of overseas property ownership to crack down on London being used for international money laundering. Properties in the capital owned by overseas individuals and firms could be sheltering billions of pounds of undeclared funds, Sadiq Khan said. It comes as a report by cross-party MPs found [...]
Sadiq Khan: London home-building ‘at risk of stalling’ amid hiked construction costs January 28, 2022 Skyrocketing construction materials are slowing house-building progress in London, Sadiq Khan has warned. The Mayor of London warned new-build developments and extension projects were being hit by a cocktail of rising costs thanks to Brexit and the pandemic. Prices for materials, including steel, timber, and concrete, shot up 23 per cent last year, according to [...]
Mayor Sadiq Khan declares war on London’s car drivers as he plans to charge motorists by the mile January 18, 2022 Mayor Sadiq Khan has said London needs to charge motorists by the mile to hit climate change targets. Khan wants road pricing to be implemented to encourage people who drive petrol or diesel cars in the capital to switch to public transport, walking, cycling or electric vehicles “where necessary”. The Labour mayor said he is [...]
Not happening: Sadiq Khan cancels New Year’s Eve events in central London as Omicron cases surge December 21, 2021 As cases of the Omicron Covid variant in the capital surge, London’s New Year’s Eve celebration event in Trafalgar Square will not take place this year, it was announced this evening. London mayor Sadiq Khan has said the event, which was set to be open to around 6,500 key workers and members of the public, [...]
Funding crisis: PM Boris Johnson slams City Hall for creating TfL’s ‘black hole’ December 15, 2021 Prime Minister Boris Johnson has accused London mayor Sadiq Khan of creating Transport for London’s (TfL) financial “black hole.” “What happened is the Labour mayor of London embarked on a reckless unfunded fares policy that left a huge black hole in TfL’s finances,” Johnson said during PMQs. Responding to accusations made by Labour MP Ruth [...]
TfL funding crisis: Khan hits back after London minister tells mayor to ‘get real’ on Tube cuts December 8, 2021 Mayor Sadiq Khan tonight hit back at claims from the central Government that he needs to “get real” about Transport for London’s funding crisis as the clock ticks down. ” If TfL is forced to make significant cuts to services it will risk our city’s economic recovery,” Khan said. Minister for London Paul Scully earlier today [...]
TfL: Network planning for “managed decline” and return to 1970s without Whitehall funding November 18, 2021 LONDON’S transport network is headed for “managed decline” that will echo the 1970s if central government refuses to fill a growing funding black hole. Late on Wednesday evening, TfL’s finance committee published the bleakest assessment yet of the future of London’s public transport network, outlining an 18 per cent reduction in bus services and a [...]
London energy fund backs pay-per-mile EV taxi funding November 8, 2021 The Mayor of London’s energy efficiency fund (MEEF) has contracted FinTech company Zeti to deliver pay-per-mile funding of net-zero taxis across the capital. MEEF – a £500m investment fund – will make finance payments on a per-mile basis to boost the cash flow of fleet operators. The funding will have as its first beneficiary Colt [...]
COP26: Khan to call for cities like London to have greater powers and funding October 20, 2021 London mayor Sadiq Khan will use the upcoming COP26 to vouch for cities like London to have greater powers and funding. It forms part of the mayors bid to “tackle the twin dangers of the climate emergency and toxic air pollution”, his spokesperson told City A.M. “The mayor will use COP26 to highlight how London is [...]
Walking, cycling and urban greening: Meet London’s green development priorities October 18, 2021 London’s mayor Sadiq Khan has announced that, as part of his plan to make London net zero by 2030, new developments will need to be greener and prioritise energy efficiency and space for walking and cycling. Set today by Khan, the three pieces of new guidance – called Be Seen Energy Monitoring, Urban Greening Factor [...]