So how can Mr Khan reconcile London's ambitions for continued growth with the reality of a shrinking funding pot available for new infrastructure in the capital? Campaign debates brought violent agreement on the need to ramp up housebuilding in the capital, as well as sustained investment in transport and other infrastructure projects required to keep the growing city functioning. Yet Mr Khan inherits a spending settlement from government far tighter than London has been accustomed to in recent years. The new mayor has no Jacuzzi of cash to splash around in - and there is limited prospect of the spending taps suddenly being turned on again.
展开▼
