16/05/2017 London News

Here on BBC One it's time for the news where you are.

As we've been hearing, the Labour Leader is promising

to increase taxes on the rich and on businesses, investing

The income tax proposals are likely to have a particular impact

Labour are also proposing a financial transaction tax -

or the so-called Robin Hood tax - which the London Mayor,

Sadiq Khan, has previously described as "madness".

So what was his view today of his party's tax plans?

Here's our political editor Tim Donovan.

A capital city, central to any country's economy,

home to major wealth creators, already major payers of tax.

Under Labour they would be paying more.

In the Square Mile, 80k is not seen as much of a salary,

So was there a willingness to hand more of it over?

The company, corporation tax, that's fine but the individual person,

I don't really think it's fair to be honest.

I hate pay willing tax as much as the next person does,

I hate getting my wage slip and looking at what has gone out

on tax and you see your annualised statement and it is a lot of money

but I'd happily pay more tax for the NHS, I really would.

London will survive because London is strong

Well income tax will go up to 45p for people earning more

We estimate that'll affect at least 350,000 people here in the capital.

For people earning more than ?123,000, the income tax rate

Corporation tax would go up from 19p to 26p,

and then there's a tax on every financial transaction,

That will certainly have an impact on the City.

In Croydon, the average income is ?35,000 a year,

so what about people on well over twice this, paying more?

There's a supposition that earning ?80,000 in London means that

you are rich and if you've got kids and a mortgage to pay,

I don't earn that, even if I did I would be happy to pay that.

Society needs fixing and it has to be paid for.

I think the returns will come in the long term.

I wouldn't be happy if it was me, no, probably not.

But you are thinking, it might not be.

It probably won't affect me, not any time, soon.

Rather than the masses struggling, it has to be the few that pays

Some people think it'll take London particularly hard because more

It will do, the concentration of the wealth.

Campaigning in Croydon, the mayor said he hadn't read

the manifesto and didn't know its final details.

Do you absolutely clear, you, as the Mayor of London,

back all these tax-raising measures, even if they do disproportionately

What I did say was what I don't want is the Tory extreme hard Brexit...

Do you not support all the tax-raising measures?

I've given you the key details, 45p on incomes over ?80,000 and 50p

You know there's nobody I trust more in the world

I would say let me read the manifesto, it is not

old-fashioned to want to see the manifesto before

I will tell you this, it is clear speaking to business

leaders and chief executives and wealth creators in London,

the one thing they don't want is a Tory extreme hard Brexit.

If there is he a Tory Government that's the one thing they get.

So you don't support all the measures in

Another pledge is housebuilding, Labour dump says it

new homes with 50% of them being social housing.

The right-to-buy your council property will be scrapped

Our political correspondent Karl Mercer visited one

of the cheapest places in the capital to buy.

This may be one of the cheapest places in London to buy a house,

rents here are also cheaper than in much of the capital

but the housing problems here echos in every part of the city.

It's the worse thing and it's in Barking.

You can't buy a house, I ain't got the money to buy

Who's got between ?350,000 and ?470,000 to have a two-bedroomed

You are trying to get a council house?

I'm currently bidding but I'm not getting anywhere.

I'm in the hundreds, it'll probably be two years.

Until then I've just got to do what I can do for me and my son.

Once upon a time this area was a by-word for public housing.

The Queen and I are satisfied that you retain an affectionate

recollection of our previous visits to Barking for the opening

The Becontree estate took 15 years to build,

25,000 homes put here in the '20s and '30s by what was

It still stands testament to an age of home building,

a reminder of what can be done with public money and will.

An old power station site which was built in 1925.

Down the road is an idea of what a modern-day

Then there is a mix of residential properties that

This is Barking Riverside, one day there'll be nearly 11,000

homes here but that'll take another 15 years.

At the moment 600 a year are going on the site.

The project is a joint one between developers and the mayo,r

with transport links key to making it work.

A new rail line will be put into the area by 2021.

The transport link is underpinning this development and in many

cases it underpins most large regeneration sites.

It's about having connectivity in and out of an area.

Julie lives next door to Barking Riverside.

She owns her own home but like many in the area,

she says she thinks it'll be difficult for her

Young people have such little disposable income

to save for the deposit and the deposit is so high

and far out of their reach I think they almost give

They don't - they try to save and don't see

they are getting anywhere and they just have one

thing that comes along and all their savings are gone.

The two main parties are both proimsing a revolution

Labour saying the 500,000 homes it has promised to build

The Conservatives promising a new generation of social

housing in the million homes they've promised.

Now they've just got to convince people they'll actually deliver.

I think the problem with political parties is, they promise

you something but then they probably will never be able to fulfil it.

I'm detecting your trust in the politicians is quite low?

Our political editor Tim Donovan's here.

You spoke to the Mayor, Sadiq Khan earlier, and he said

he hadn't had a chance to read the manifesto?

They're making very big promises about numbers. I suppose it's fair

to say that people can glaze over numerically. Hard to tell the

difference there. There are differences emerging. Labour would

restore open ended tennancies. They'll be time limited under the

Conservatives. They would suspend right to buy, obviously a signature

Conservative housing policy. They say that the rental levels on their

social or Housing Association homes will be lower than the affordable

rents, which is the category introduced by the Conservatives.

They say they'll introduce shared ownership, where people can, will

have lower incomes will be eligible. We don't know the details of

Conservative policy. They're due in the manifesto on Thursday. What do

you think Londoners will make the Labour's tax plans? All the tax

proposals taken together are fascinating. Income tax particularly

shatters a consensus around keeping income tax broadly around the same

and really reluctantly raising thresholds. Here you would have

something that would affect 8% of the working population, to do

something to this, to introduce this higher rate at ?80,000 a year. I

suppose the question is whether people regard that as a wealthy,

high salary in this day and age. Has the mayor read it yet? The truth is

we don't know. We did ask earlier. We asked at the end of the after

noorn and we were told he'd been in back-to-back meetings, solid in

meetings. As we know he's a very busy man. I'm sure we'll find out

soon enough. Tim, thanks very much. That's it for now from me,

but let's find out what Hello. Good evening, well, there

were warm colours in the sky on the warmest day of the year yet. But

tomorrow, we have to prepare for something completely different and

that is a lot of wet weather, t like of which we haven't seen for several

weeks. There is rain at the moment. Another fairly, uncomfortable, warm

and humid night, temperatures no lower than 15 degrees in London.

First thing tomorrow, you might not see the rain to start with, at

least. In fact, east and south-east of London, there will be decent

spells of sunshine and perhaps temperatures in the mid-20s once

again. That will invigorate the atmosphere. By the time the rain

does get here, we will have heavy bursts and rumbles of thunder in

time for the evening rush hour. We could have some very large puddles,

some spray on the roads, disruption to transport. Keep up to date on BBC

Radio London or Twitter. The rain clears away perhaps giving 20 to 40

mm but a drier day on Thursday. There will be one or two showers

around on Friday as well. All in all it will be fresher into the weekend.

Hello. Some of us had a preview of summer today. I know there's been

somedaytime warmth in recent weeks in the sun, but today's warmth had

the humidity we're used to in summer. This is a weather watcher

view. Both of these locations significant today for warmth and

temperatures. Lossiemouth 22. 4 Celsius, that was Scotland's highest

temperature of the year so far. 2 # at Gravesend in Kent. That -- 22 at

Gravesend in Kent. Rain in the south-west though, Cardiff into the

Midlands. That's now into south-east England. It expands its coverage

elsewhere across England and Wales as the night goes on. Mild, muggy

with the cloud. But it's already cooler and fresher in Scotland and

Northern Ireland under clear skies. In Scotland, look