Sadiq Khan takes 10% pay cut amid warning on austerity after coronavirus, Evening Standard

Sadiq Khan takes 10% pay cut amid warning on austerity after coronavirus, Evening Standard

Sadiq Khan takes 10% pay cut amid warning on austerity after coronavirus

“This is the worst possible time for a return to austerity – just when we need to invest in London’s recovery”

The latest headlines in your inbox twice a day Monday – Friday plus breaking news updates Sadiq Khan has taken a 10 per cent pay cut as he called on Boris Johnson to bail out local authorities facing funding difficulties as a result of coronavirus. The London Mayor is taking an immediate cut to his £152,734 salary, reducing it by almost £15,300, and has frozen pay for his senior appointments at City Hall. He warned that authorities across the country are facing a shortfall of business rates and council tax income. “Londoners did the right thing to tackle Covid-19 by following the rules, staying at home and helping to save lives,” Mr Khan said. “But now the Government is punishing them with a new era of austerity. “Covid-19 has had a devastating impact on London’s public finances which were in great shape before the pandemic. TfL’s fares income has dropped by more than 90 per cent and local business rates and council tax income has fallen off a cliff.

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