The Budget and Performance Committee's response raises concerns over uncertainties in the Mayor’s proposals for capital investment in London including the costs of upgrading the Underground and the transfer of Olympic Park land.

In addition, the Committee states it has limited confidence in figures from the Metropolitan Police Authority (MPA). There are also concerns about LFEPA’s lack of a contingency plan if the sale of the old headquarters of the London Fire Brigade is further delayed as LFEPA’s programme is to a large extent dependent on this sale.

The Committee calls for additional information and some changes to the way the figures are presented to make the Mayor’s plans clearer.

The Mayor's response to our report is also available below.

http://www.london.gov.uk/who-runs-london/mayor/publications/londons-econ...