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  • Balance of Taxation (Supplementary) [2]

    • Question by: Stephen Knight
    • Meeting date: 24 October 2012
    Stephen Knight (AM): To pick you up on the point you have just made around the high property values in London, compared, I believe with most other developed countries, we have very few property and wealth taxes in this country; we predominantly focus on income and sales taxes. I just wondered to what extent you think the high cost of housing in London is partly driven by the fact that it is a tax free growth area for people, by which I mean it is a tax free investment and therefore that has partly driven the speculation that has driven...

  • Balance of Taxation (Supplementary) [4]

    • Question by: John Biggs
    • Meeting date: 24 October 2012
    Goodness me. I think this is a very worthwhile debate although it may seem a bit arid to some observers and we need to make sure we do not get too academic about it. Would you agree with me that around the world probably the single greatest source of income for city governments tends to be, in one shape or form, from properties? You have said a couple of times now that property taxes are so visible and so potent that virtually all political parties play 'chicken' with each other. Well, the opposite of 'chicken'; they are scared to look...

  • Balance of Taxation (Supplementary) [6]

    • Question by: Nicky Gavron
    • Meeting date: 24 October 2012
    Nicky Gavron (AM): While we are on land and talking about the planning system, currently the Assembly's Planning Committee is looking at the community infrastructure levy (CIL). That is, to a certain extent, a fixed charge, although there are lots of complications because it is set different in different boroughs and there is not necessarily a duty to cooperate and so on. On top of that is the Mayor's own CIL. I was wondering, this CIL is for Crossrail, but is the Commission going to look beyond that to the way CIL might be used by the Mayor in the...

  • Tax Devolution (Supplementary) [1]

    • Question by: Nicky Gavron
    • Meeting date: 24 October 2012
    In the same spirit, how far are you going to frame for the Mayor any of the mechanisms he might be thinking about for the comprehensive spending review for London?

  • South London Venues (Supplementary) [1]

    • Question by: Jennette Arnold OBE
    • Meeting date: 13 October 2004
    Thank you for that answer, but you will recall that one of the issues that was raised at the five-borough planning meeting was the legacy. Really my question is about what guarantees we are building in to ensure that facilities that are built really can have the revenue in order that they can carry on, and we are not left in a position with so-called `white elephants- around the place.

  • South London Venues (Supplementary) [2]

    • Question by: Jennette Arnold OBE
    • Meeting date: 13 October 2004
    Can I just press you: when you say "sign off" and "your assurance," we hear this, and people in Hackney and in east London have heard this time and time again, so can you just dig deeper? What do you mean? What guarantees are there that there will be a revenue stream and that these jobs that are created will stay local? I do not get a sense of what is happening and who is going to be leading. Will the LDA be leading on behalf of the Mayor to ensure that the legacy is longer than the Games?

  • South London Venues (Supplementary) [3]

    • Question by: Bob Neill
    • Meeting date: 13 October 2004
    The comments about Crystal Palace are welcome, but perhaps the Mayor would deal with this: do you not understand that residents of Bromley and Bexley feel aggrieved? Although safeguarding of Crystal Palace is good, they are likely to receive very little direct benefit in legacy terms, but are expected to contribute through their council tax for a number of years, whereas residents of areas outside London, which may have Olympic sites as firm parts of the bid, are not expected to contribute. What means could be achieved to seek greater equity for the residents of Bexley and Bromley on that...

  • South London Venues (Supplementary) [4]

    • Question by: Jennette Arnold OBE
    • Meeting date: 13 October 2004
    Can I just take you round to the people. One of the riches of the city and one of the riches of the Games pitch is the diversity and the ethnic minority communities that are at the heart of this area of London. What guarantees do they have that they will be seen as part of a future in terms of jobs, or will they only be brought out to serve at the banquets?

  • Legacy (Supplementary) [1]

    • Question by: Valerie Shawcross
    • Meeting date: 13 October 2004
    Thank you, Chair. Before I start, I just want to say that I never in my wildest dreams thought we were going to get to this stage. It is so good that we have made such progress, and I just want to say, "congratulations" to the 2012 team and the LDA. You have done so much work so fast and so professionally, and I think Londoners should be really proud of you. You are a class act, and we deserve to win next year. I am really very pleased with what I have heard today. On the legacy, we have...

  • Legacy (Supplementary) [2]

    • Question by: Jennette Arnold OBE
    • Meeting date: 13 October 2004
    Following on from that, all the legacy assurances and promises we have heard here today will all be handed over to an independent bid company. Could you just tell us about this company's accountability to the Mayor? How will we, then, as Members of the London Assembly have access to this company?