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£1.2bn for car-taxing

Language: English Series: Estates Gazette ; (9826) 27 June 1998, 51(1)Publication details: 1998Subject(s): Summary: According to London First, London`s mayor could raise £1.2bn over the next four years by taxing company parking spaces. 40 per cent of London companies surveyed thought it was a good way to reduce congestion and almost all agreed that the revenue should be reinvested in public transport.

According to London First, London`s mayor could raise £1.2bn over the next four years by taxing company parking spaces. 40 per cent of London companies surveyed thought it was a good way to reduce congestion and almost all agreed that the revenue should be reinvested in public transport.