Tens of 1000’s of jobs are in danger from Sadiq Khan’s plans for an outer London tax, Tory mayoral candidate Shaun Bailey warns.
The Labour mayor is planning to charge people a daily fee of at least £3.50 to drive into London in an try to boost cash for cash-strapped Transport for London.
Nevertheless, the cost – dubbed ‘Checkpoint Chigwell’ by its critics – will hit people who commute into London and home vacationers coming to the capital, with 40,000 jobs in danger.
Inside TfL estimates counsel the Greater London Boundary Charge – if levied at £3.50 a day and making use of solely to non-Londoners – might scale back the overall variety of weekday automobile journeys throughout the GLA boundary by between 10 per cent and 15 per cent.
This might translate right into a £2.6 billion hit to London’s vacationer financial system, or practically 40,000 jobs, in keeping with Conservative evaluation.
The outer London cost has proved to be a touchstone concern on the London mayoral election with hundreds of thousands of individuals hit with the cost for driving into the capital’s suburbs.
Tory London mayoral candidate Shaun Bailey stated: “As London recovers from the pandemic, the very last thing we want is one other tax that may harm companies. Sadly, that’s precisely what Sadiq Khan’s outer London tax will do.
Author: ” — www.telegraph.co.uk ”