London Mayor Sadiq Khan Hails Budget as a "Devolution Revolution" for the Capital

Mayor of London Sadiq Khan described the Budget as "a really positive and significant day for London," calling it a "devolution revolution." A headline commitment is government support to bring cross-channel rail services to Stratford International, making the station truly international for the first time and opening up new opportunities for jobs, investment and tourism.

Khan said the Budget delivers the largest devolution of powers to London seen in a generation, giving the capital the ability to keep more of the money it raises. He said that would allow City Hall to invest billions more in London's future, helping to unlock major projects including the West London Orbital, the Bakerloo Line Extension and the Euston knowledge quarter project — supporting tens of thousands of new homes, jobs and economic growth.

The Mayor also welcomed measures to address the cost of living and the cost of doing business. He said support for rising energy bills would be vital for many Londoners as the conflict in the Middle East continues to send shockwaves through the global economy. Additional commitments to tackle rough sleeping, build more affordable homes and provide skills training and employment opportunities for young Londoners, Khan said, showed a real commitment to a fairer, greener and more prosperous city.