the income it raises, whilst New York, a competitor city, retains
around 50 per cent.²³ Therefore, when looking at fiscal powers, the
six Combined Authorities who commissioned this report should be
looking beyond London in this regard.
Nonetheless, the London Mayor’s office has successfully developed
politicians with considerable informal power, and is regularly looked
to by the public for leadership both nationally and internationally.
Similarly, London shows how control over transport is key to
devolution succeeding. It is often the most direct access that mayors
will have with their voters.
The results speak for themselves:
“A 2011 poll found that only 5 per cent of Londoners wanted
to abolish the Mayor and Assembly, when choosing from a list
of possible reforms.²⁴”
²³ London Finance Commission, Raising the capital, May 2013
²⁴ Institute for Government, Achieving Political Decentralisation, January 2014