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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