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Boris Johnson urges transport investment

London Mayor Boris Johnson has warned the Treasury that cuts to the capital’s public transport systems would hurt the UK economy.

Mr Johnson is urging the Government to find the cash for the proposed £16 billion Crossrail project for London, which is currently being constructed.

Speaking at the Conservatives conference he said he will never agree to cuts of London’s transport infrastructure because of the wider implications of such a move.

He said: “The buses, the railways, the Tube, cuts that would damage the ability of this country to compete internationally and to generate jobs for decades to come.”

London’s Mayor also stressed the importance of keeping the capital strong, with exports of £20 billion in tax going to the rest of the UK, and London being responsible for a third of the UK exports of services.

“There would be no insurance industry in Norwich if it was not for London. There would be no financial service industry in Edinburgh, and great international law and accountancy firms would have no offices in Birmingham if they did not have offices in London,” he said.