The effect of the congestion charge on businesses in Central London
Date Submitted: 03/04/2000 07:11:27
Category: / Business & Economy / Economics
Length: 14 pages (3826 words)
Category: / Business & Economy / Economics
Length: 14 pages (3826 words)
Despite the size of London, much of the main tourist attraction is focused on a relatively small region on the north bank of the Thames. Within a short distance of each other are: Westminster Abbey, the London Eye, Buckingham Palace, West End, Trafalgar square and Covent Garden. As well as these tourist attractions are the financial and business sectors based in the City. This therefore makes Central London a very congested area and difficult to …
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…negative effects of the congestion charge scheme - in terms of damage to business and social exclusion, far outweigh the benefits. As such, I believe that the congestion charge scheme should be abolished. It would appear to be prudent for the Mayor to negotiate the best possible deal with the contractors to bring an end to the scheme before the economic damage to the constituency and the important economic central area of London is irreversible.
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