- Reference: 2002/0944
- Question by: Andrew Pelling
- Meeting date: 18 December 2002
London's economy is a people business. The retail trade, hotels and restaurants, financial businesses, real estate, renting and such business activities, public administration, education and health and other social personal services account for 80% of employment in London. In these circumstances, a tax on people's movement is an important threat to a London economy facing a significant downturn in economic growth. What estimate have you made of a reduction in economic growth arising from the introduction of the congestion charge. .