:00:24. > :00:27.This may you are going to be art -- asked to vote for a new Mayor of
:00:27. > :00:31.London and members for the London Assembly. It is quite a strange
:00:31. > :00:34.election because despite the hype, the mayor has very limited powers.
:00:35. > :00:38.His main responsibility is for transport yet London's transport
:00:38. > :00:44.problems will not be solved by a few shiny red buses and cutting
:00:44. > :00:48.fares. The single largest commuter group is the motorist. Over 35% of
:00:48. > :00:52.commuter journeys in London involve the car. It is even higher in the
:00:52. > :00:56.outer boroughs. Yet the motorist is constantly being penalised. I want
:00:56. > :01:00.to introduce 20 minutes free parking across London, to help
:01:00. > :01:04.boost local shops and communities. Funnily enough, this isn't what is
:01:04. > :01:09.on the minds of Londoners as I go around London. They are concerned
:01:09. > :01:14.about the threats to their jobs, concerned about rising unemployment.
:01:14. > :01:18.Concerned about housing and poor performing schools. These are the
:01:18. > :01:21.issues that really matter to ordinary Londoners. At the moment,
:01:21. > :01:26.bankers have a very bad name. There are those who want to bring them
:01:26. > :01:30.down a peg or two. We understand that. Like the fishing industry,
:01:30. > :01:33.steel and manufacturing before then, there are those who want to use
:01:33. > :01:38.this as an attack on our most important sector, the financial
:01:38. > :01:41.services sector. Remember, this is an industry that provides �65
:01:41. > :01:47.billion in tax to the United Kingdom every year. An awful lot of
:01:47. > :01:52.schools and hospitals that are paid for. If all the EU regulations and
:01:52. > :01:56.financial transaction tax by introduced, it is estimated we
:01:56. > :02:01.could lose 500,000 jobs. -- are introduced. It is the jobs of
:02:01. > :02:05.ordinary Londoners, secretaries, IT workers, cabbies, retail staff,
:02:05. > :02:09.whose jobs are under threat, because the bankers will look after
:02:09. > :02:13.themselves, because they can always move abroad. A massive economic
:02:13. > :02:18.crisis is looming which will affect Londoners massively. 500,000 jobs
:02:18. > :02:22.will be affected. Yes and Londoners are not yet aware of the full
:02:22. > :02:28.impact on their lives. They soon will be. I find people are talking
:02:28. > :02:34.about the impact of open-door immigration. It affects housing,
:02:34. > :02:40.transport and their jobs. We have an influx of EU citizens, having a
:02:40. > :02:45.detrimental effect on our services. Especially in this climate, being
:02:45. > :02:50.strained duty this influx of people. I think UKIP have the right idea
:02:50. > :02:53.when they want to concentrate on regaining Britain back for the
:02:53. > :02:57.ordinary Londoner. Everywhere we have been, the reception is good,
:02:57. > :03:02.people agree with everything we are saying, it is resonating with the
:03:02. > :03:08.people of London. I am not surprised. The truth is there isn't
:03:08. > :03:12.much that the or the London Assembly can do about the serious
:03:12. > :03:18.problems that London faces -- there isn't much that the mayor, or
:03:18. > :03:22.London Assembly. If you agree immigration is leading to higher
:03:22. > :03:27.unemployment, if you agree that a blizzard of regulation coming out
:03:27. > :03:31.of Brussels is damaging every small business in London, please use May