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Boris left with egg on his face over police figures

There are claims the Mayor of London has misled people about the future level of policing in the capital. As Boris Johnson sat in the London Assembly this morning to answer questions about his budget, Labour members claimed he'd got his figures wrong.

They say his plans for policing will actually see a fall, rather than a rise, in police officers in half of London's boroughs. Paul Brand explains.

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Boris Johnson faces tough questioning at City Hall

Boris Johnson is currently facing a grilling from the London Assembly over the GLA's proposed draft budget for 2013-14.

You can watch it live by following the link below.

Mayor's opponents unite over budget

Opposition parties in the London Assembly are expected to gang up on Boris Johnson in an historic bid to try to overturn his plans for fare increases and fire station closures. For the first time, Labour, Lib Dem and Green members are expected to agree a joint amendment to the draft budget.

The move requires a majority vote and is likely to be succesful if at least 13 members of the 25-strong assembly join forces.

But the mayor is unlikely to be troubled by the tactic - his original budget is expected to be approved at another meeting on 25th February when the opposition will be unable to muster the required majority of two thirds.

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Our Business Correspondent Glen Goodman looks ahead to today's budget

London may benefit from a rumoured £110m package of investment in the Budget.

The Chancellor is expected to announce some London-specific measures later today, including £70m in financing to improve the capital's infrastructure and boost employment in the near future.

The money is thought to be targeted specifically at "shovel ready" projects which can be started quickly but are just lacking vital funds.

These kinds of projects are considered particularly valuable during an economic slump, as they provide employment immediately, rather than somewhere further down the line.

Cycling campaigners will be celebrating if the Chancellor delivers a rumoured £15m in funding for Transport for London to transform some of the capital's most dangerous junctions. These are said to include the Waterloo IMAX roundabout and the Elephant & Castle roundabout.

In addition, there is to be a reported £25m investment in ultra-fast broadband, benefiting households and businesses in Central London.

  1. Simon Harris

Total cost of Olympic build now £6.7 billion

Hugh Robertson MP, Olympics Minister Credit: ITN

Games Organisers LOCOG are to get another £36 million of taxpayers' money. They're now in receipt of a total of £154m from the public purse.

The total cost of the Olympic build is now put at £6.7 billion.

Olympic Minister Hugh Robertson MP says government is "increasingly confident" of landing within budget.

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