Budget reaction - Statement from the Mayor of London, Sadiq Khan
The Mayor of London, Sadiq Khan said: “This is another deeply disappointing Budget for London. It’s further evidence that the Government is failing to adequately support the capital’s economy, invest in our vital public services or invest in the affordable housing our country desperately needs.
“Due to the Government’s mismanagement of our economy, Londoners continue to face a perfect storm of low growth, cost of living pressures, soaring housing costs, and cuts to key public services. Tax cuts announced today go nowhere near making up for the huge hikes in mortgage payments and rents Londoners have faced.
“The Metropolitan Police continues to be chronically underfunded by Government despite the unprecedented pressure on its resources.
“And there was no new money for transport infrastructure in the capital, that would have direct knock-on benefits to supply chains across the country and helped kick start economic growth.
“Today’s budget demonstrates that ministers don’t understand the pressures Londoners are under, and they continue to starve London of the investment we need that would bring benefits to the whole country.”
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