Following up on her last question to the Mayor, Caroline Pidgeon has written an article for OnLondon, arguing for London to have more power over its own taxation, borrowing and public spending.
Caroline writes:
Giving London and other city regions greater power over their tax base and delivery of public services could be hugely beneficial all round, allowing those services to be reformed and giving everyone an incentive to see their local economy develop and grow.
It makes sense to bring London in line with most other global cities by allowing its government bodies to control a much wider range of taxes – crucially in exchange for lower levels of government grant.