Rachel Reeves told to grant Sadiq Khan powers to raise tax | UK | News
Chancellor Rachel Reeves is called to give Sadiq Khan the authority to collect taxes to finance the infrastructure. A new report said that the Mayor of London should be given tax authority similar to Paris to finance the infrastructure projects in the capital and the payroll of businesses.
A report prepared by London Unchained, Labour Together and Yimby Alliance argues that the projects in the capital were postponed, shrinking and canceled because of their self -finance. To the ministers now Khan A new tax on the excess of the value of a house on a particular threshold, as well as the authority to impose payroll and tourism taxes Mylondon. The whisper of a tourism tax on the capital began with the Mayor of London towards the end of 2024, Sadiq Khan admitted that he was happy to look “and began to argue about the possibility of a tourism tax brought to London hotels.
In order to finance large projects, the report is hitting the current installation of London’s “beggar bowl to Westminster”.
“It is ridiculous that London, one of the richest economies in the world, comes to the government with a beggar bowl to finance the infrastructure it needs,” he says.
“The UK finances most of its infrastructure from a central money pot in Whitehall. This means that we are wasting whether it is better to invest in richer places such as London to compete with New York or to invest in poor places such as Birmingham to drag their productivity to the national average.”
The report argues that “London should have a set of vehicle sets that need to tax businesses and households that will benefit from the new infrastructure of Paris,” the report says.
Paris is currently rising £ 6 billion (€ 7 billion) annually with a special transportation tax that applies to gross wages up to three percent.
The tourism tax also increased significantly in Paris and changed up to 11.38 € for a five -star hotel for a two -star hotel.
The report adds: “If we only invest in the South East, we cannot heal the lives of the country.
The authors stated the proposed Bakerloo line extension, which is not yet given green light as a problem that reforms can solve.
Khan spokesman said to the local democracy reporting service: “Mayor welcomes the new era given to London through the latest revolutionary bill, which means that we can progress with innovative new policies to increase economic growth and raise the living standards in the capital and throughout the country.
“More revolution, we remain a intensely centralized country that will still be free of London economy and compared to other global cities, which is still very difficult in the Whitehall corridors.
“Mayor will continue to work closely with the government to offer more revolution for the capital while building a more fair, safer, more prosperous London for everyone.”
