London Money

Half of the increase will fund free travel for under 18s and over 60s. Opposition Tories called on the mayor to cut £100m from his budget.

Showpiece cultural events including the St Patrick's Day festival could be 'scaled back' after the mayor blamed Covid-19 for blowing a £38m hole in his budget.

The voluntary real living wage is to increase to £10.85 an hour in London and £9.50 across the rest of the UK, giving a pay rise for more than 80,000 Londoners.