Key findings in London financial report
The Mayor of London has welcomed a new report calling for more financial autonomy for London.
The Mayor of London has welcomed a new report calling for more financial autonomy for London.
Boris Johnson is in Northern Ireland on a mission try to stop the government cutting London's transport budget.
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A public consultation is being launched over the proposed route for London's new rail link, Crossrail 2.
There's two routes to choose from - the Metro scheme and Regional scheme - which could half journey times for some commuters.
The Metro scheme would go from Wimbledon to Alexandra Palace, mostly underground, stopping at Clapham Junction, Victoria and Euston.
The Regional scheme would take in the same central Wimbledon to Alexandra Palace route, but would stretch south west of Wimbledon into Surbiton and Kingston.
The consultation will be opened by Boris Johnson at Wimbledon Station this morning and will run until August 2.
Transport for London have insisted that both residents and businesses in south London will benefit from the extension of the Northern line, despite protests from dog walkers.
Michele Dix, Managing Director for Planning at Transport for London, said:
“Our proposed new Northern line extension for south London would create tube access for thousands of people and help support up to 25,000 jobs and 16,000 new homes in the Vauxhall and Nine Elms area."There will be no permanent loss of park space in Kennington Park
During construction the existing dog walking area will be temporarily relocated to another area of the park. “
"Local residents in Kennington will benefit from an improved park area and a new community building. "
Dog owners are due to meet this lunchtime to protest over the planned Northern line extension which they claim will ruin their space in Kennington Park used to walk their dogs. Others insist the plans will rejuvenate the area and bring in more business.
Chancellor George Osborne met with Lucasfilm representatives earlier this year to work on a deal to make the latest Star Wars film in the UK.
Hailing the decision as a fresh coup for British tax breaks, Mr Osborne said the "announcement that the next Star Wars film will be shot and produced in the UK is great news for fans and our creative industries".
He went on: "It is clear evidence that our incentives are attracting the largest studios back to the UK. I am personally committed to seeing more great films and television made in Britain."
Boris Johnson travelled to Northern Ireland today to officially open a production line for the new routemaster-style buses, the 'Boris Bus.'
Simon Harris reports.
A House of Commons Transport committee report has rejected the Mayor's plans for a new hub airport in the Thames Estuary - saying the public expense would be too great.
MPs also say transport infrastructure wouldn't cope and wildlife habitats would be affected. Instead, it urges the Government to allow expansion at Heathrow with a third, and possibly fourth, runway.
But not everyone's convinced.
John Stewart from the Heathrow Association for the Control of Aircraft Noise and Louise Ellman from the Commons Transport Select Committee.
Boris Johnson has now moved on to the main Wrightbus factory in Galgormm, where the complete buses are produced.