Sadiq Khan’s plans for the pedestrianisation of Oxford Street are moving forward, but Soho will not be included in the proposed Mayoral Development Corporation (MDC) boundary. The Mayor’s deputy chief of staff, Richard Watts, confirmed this decision during a recent London Assembly committee meeting. Despite pressure from local businesses to include Soho in the MDC, Watts stated that changes to Soho’s streets would remain under the jurisdiction of Westminster City Council.
Additionally, City Hall will not be seeking to take over licensing powers from Westminster or secure government funding for the pedestrianisation scheme. Watts emphasized that consultation on transferring control of Oxford Street to the Mayor and establishing the MDC will begin early next year. The creation of the MDC is seen as crucial to prevent any potential reversals in support for the pedestrianisation scheme, similar to what occurred in 2018.
Watts highlighted the importance of making Oxford Street a world-class destination for visitors and shoppers, emphasizing the need for the Mayor to lead this effort. While there are challenges to overcome, he stressed that the scheme must benefit the entire city, not just local residents. Recent polling has shown strong support for pedestrianisation among Londoners, further underscoring the significance of this project.
In terms of the Mayor’s draft budget for 2025/26, commitments to continue funding free school meals for primary children and maintaining frozen Transport for London fares were discussed during the committee meeting. The cost of free school meals is expected to remain consistent, with funding sources coming from business rates income. Future funding for TfL fares will be addressed in subsequent drafts of the budget.
Transport secretary Louise Haigh’s correspondence with the Mayor hinted at potential implications for TfL’s investment funding based on fare adjustments. Details of funding arrangements for the upcoming year will be finalized after government funding announcements. The draft budget will undergo further scrutiny by the London Assembly in the coming months, with opportunities for public input and feedback.
Overall, Sadiq Khan’s plans for Oxford Street’s pedestrianisation are progressing, with a focus on ensuring the scheme benefits the entire city while addressing key logistical and financial considerations. The Mayor’s commitment to enhancing London’s public spaces and transportation infrastructure remains a key priority, supported by ongoing dialogue and collaboration with stakeholders at various levels.
