london mayor khan seeks more powers
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

London Mayor Khan seeks more powers

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleLondon Mayor Khan seeks more powers

London Mayor Khan seeks more powers
London - Arab Today

London Mayor Sadiq Khan, seeking more powers for the British capital to protect the city after Britons voted to leave the European Union, commissioned a study on Tuesday to draw up a list of devolution demands.
The June 23 vote to leave the EU is threatening to send Britain’s $2.4 trillion economy into a recession that would cast a long shadow over London, the center of the country’s prosperity and home to its world-leading financial services industry.
Khan, a center-left former Member of Parliament who was elected in May on a pro-business platform, said he wanted more policy tools to make sure he could steer the capital’s economy effectively as Britain negotiates its EU exit.
He did not elaborate but a previous study, published in 2013, recommended devolving property taxes and allowing London greater freedom to invest in infrastructure.
“London needs a stronger voice so that we can protect jobs and growth from the economic uncertainty ahead,” Khan said in a statement announcing a new ‘Finance Commission’ tasked with drawing up a “wide-ranging suite of devolution requests.”
Khan said he had already held preliminary talks with finance minister Philip Hammond on the subject, and that Hammond had indicated he was open to further devolution for London.
As mayor, Khan already oversees a budget of 17 billion pounds ($22 billion) with a remit that covers housing and transport, but he does not set policy for the financial sector or have full control over taxation, spending and borrowing.
“More than ever before, Londoners need their city’s government to be agile and to have the power to use taxation generated locally to promote economic growth,” said Tony Travers an academic who will lead the new finance commission and who chaired the previous study.

Source: Arab News

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

london mayor khan seeks more powers london mayor khan seeks more powers

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 09:08 2017 Monday ,18 December

Lufthansa wants to 'destroy' Niki airline

GMT 08:31 2017 Tuesday ,07 March

Deutsche Bank drags European equities lower

GMT 10:56 2017 Sunday ,17 December

Shikhar sure India won’t wilt under the pressure

GMT 10:08 2017 Friday ,15 September

Pakistan's fatal attraction to celebratory gunfire

GMT 21:43 2017 Thursday ,09 February

Al Attiyah left Tunisia to Genève

GMT 08:59 2018 Monday ,08 January

Europe casts a wary eye on China's Silk Road plans

GMT 10:05 2016 Monday ,10 October

Trump's locker-room comment riles US athletes

GMT 13:59 2011 Wednesday ,27 July

Journalist Salameh at death’s door

GMT 11:37 2017 Saturday ,23 December

Major powers seek to hold Sochi congress

GMT 03:03 2016 Tuesday ,28 June

'I'm still alive' jokes Queen Elizabeth
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle