London congestion levy will start next year
Mayor of London Ken Livingstone today confirmed that drivers will be charged UK£5 (euros 8.3) to enter the centre of the UK's capital from 17 February 2003. The congestion levy, which has no parallel elsewhere in the world, is projected to raise UK£130-150 million net revenue, all to be recycled to improve London's transport systems. The announcement came as political and commercial opponents to the plans backed away from threats to demand a judicial review of the scheme (EED 10/07/01). See press release.