"The current system is simply not fit for purpose and is out of step with the funding settlements enjoyed by cities of comparable size and stature."Furthermore, Londoners will increasingly question why London government cannot enjoy similar fiscal freedoms as those afforded to the devolved governments in Scotland and Wales. London's key bodies are agreed that the capital's financial future lies in greater devolution. We will now be taking this case to Government."
More top news
Vlogging from her home in London she has become a YouTube sensation, so successful she has just published her first book.
Health union workers were due to walk out on Thursday in a dispute over pay.
Rail services through Farringdon are being delayed again tonight as engineers carrying out safety checks.