Mayor asked to evaluate cost of c-charge to business
Published On 7 March 2007 at 12:45:44
A London-based political party has called on the Mayor of London to assess the monetary impact of the extended congestion-charge zone on business.The One London Party is asking for the Mayor to do urgent research into the effects of the c-charge on small and large sized retailers within the zone amid claims that a particularly detrimental effect has been a decline in sales.
It is highly critical of the c-charge and ultimately believes it should be scrapped, regardless of assertions by the mayor's office that the charge prevents London's roads from "grinding to a halt".
Damian Hockney, leader of the One London Party, commented: "The Mayor's Office carries out detailed and expensive research on the impact of the c-charge on congestion, but has done nothing about its effect on the business sector.
"All the evidence we have so far tells us that the increased cost of doing business in central London has had an adverse effect of business.
"The VAT returns show a serious decline in VAT registration in central London compared with outer London, which can't be explained by anything other than the c-charge effect."
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