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Full details of Sadiq Khan's new budget as mayor prioritises police
Spending plans revealed for Met police, London fire brigade and TfL
Click Here to read in detail
The Labour mayor plans to increase his âpreceptâ by four per cent, adding ÂŁ18.98 to the benchmark band D rate and meaning that a typical London household will pay ÂŁ490.38 to the Greater London Authority from April.
This is Sir Sadiqâs lowest increase in his share of council tax bills for five years.
Speaking at Mayorâs Question Time on Thursday, Sir Sadiq said ÂŁ14 of the ÂŁ18.98 increase would go directly to the Metropolitan police â generating ÂŁ54m for community policing and tacking violent crime.
He said he had âno choiceâ but to increase his council tax bill as he âurgently needed funding for the Metropolitan Policeâ. He added: âKeeping Londoners safe is my top priority as mayor.â
He said a decade of Government cuts had reduced the Metâs funding by âÂŁ1.1bn in real termsâ and said the politicians who criticised him were the same people who had stayed silent while previous governments had âtaken a wrecking ball to police funding and crime preventionâ.
Full details of the mayorâs spending plans for the 2025/26 financial year have been published on the City Hall website.
Key pledges include spending ÂŁ147.5m from business rates retaining free school lunches in every State primary school in London for another year.
The budget also includes promises to âtackle crime, build more affordable homes, reduce street homelessness, improve our transport network and keep London as a world-leader in tackling air pollution and the climate crisisâ.
Here are the key details from the 2025/26 Greater London Authority budget.
Policing
Sir Sadiq said there was âstill a significant shortfall in the Metâs budgetâ.
The additional money he is finding for the Met will help it to retain 1,300 officers funded by City Hall. It means that ÂŁ319.13 of each band D bill will go to the Met.
City Hall now funds a quarter of the Metâs budget, with the Government covering 75 per cent of its spending.
Previously the Government paid 80 per cent and City Hall 20 per cent.
Fire brigade
London households will pay an additional ÂŁ4.98 to help fund the London Fire Brigade - the equivalent of 41p a month increase for an average Band D household.
The London Fire Brigade is the UKâs largest fire and rescue service. The additional funding is to enable it to improve performance and improve its culture.
Free school meals
Continuing to provide free school lunches to all primary school pupils in London will cost ÂŁ147.5m. This will keep the scheme, which helps 287,000 children, going for a third year. The cash will be taken from business rates.
City Hall said: âDelivering free school meals has been one of Sadiqâs proudest moments as mayor and he has vowed to continue the scheme for as long as he is in office.â
Housing
The budget has committed ÂŁ1.5bn to subsidise the building of affordable homes in 2025-26, or to help councils to buy back homes currently in the private sector. These homes are then rented to people on council waiting lists.
Transport
The budget includes âbeginning workâ on the Superloop 2 and Bakerloop express bus services, increasing the number of zero-emission buses on Londonâs roads, increasing the number of school streets, expanding the cycle network and making more stations step-free.
A map of the proposed Superloop 2 routes, alongside the original network. Routes would be subject to consultation
London Labour
But the key focus will be on securing a multi-year funding deal for TfL in the Governmentâs spending review, which is expected in June.
The proposed DLR extension to Thamesmead will progress towards the submission of a Transport and Works Act Order, âwhile seeking acceleration of the programme overallâ.
The West London Orbital rail link and the Bakerloo Line extension âwill progress through the next stage of feasibilityâ. TfL will also try to bring the Great Northern franchise, currently run by GoVia Thameslink, under the control of TfL.
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