Mayor's bid to 'free' London

London Mayor Boris Johnson has backed a report calling for the capital to be given greater financial freedom in order to fund major infrastructure projects.

Mr Johnson said the current way London received funding from central Government was "simply not fit for purpose" and called for tax and spending powers similar to those devolved to Scotland and Wales.

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Financial freedom for London

London Mayor Boris Johnson has backed a report calling for the capital to be given greater financial freedom in order to fund major infrastructure projects.