Sadiq Khan says government’s proposals to plug capital’s Covid-ravaged finances are ‘not right’

Londoners would be “punished” by proposals including having to pay £15 to drive in the suburbs, the mayor has claimed, after talks on a fresh funding settlement for the capital in the face of Covid-19 failed to reach agreement.

Negotiations for a settlement for Transport for London will continue after the government offered to extend the existing £1.6bn bailout terms for two more weeks, just before a deadline to avert financial collapse.

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