The Mayor's draft consolidated budget was published on 15 January
2026 and included total Greater London Authority (GLA) Group
budgeted expenditure for 2026-27 of £22.7
billion.[1]
This is an increase of £287m from the Mayor's consultation budget
in December, which was £22.4 billion.[2]
The London Assembly Budget and Performance
Committee scrutinises the Mayor's budget process
andon Monday, the Committee
will speak to the Mayor of London about his draft consolidated
budget for 2026-27, where the additional money has come from, and
how it will be spent for Londoners.
The Committee will question the Mayor on a
number of key topics, including changes to the budget, Transport
for London fares, Met officer numbers and the Oxford Street
development plans.
The guests are:
-
Sir , Mayor of London
-
David Bellamy, Mayor's Chief of Staff
-
Fay Hammond, Chief Finance Officer, GLA
The meeting will take place on Monday 26
January 2026 from 10am in the
Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.
Media and members of the public are invited to
attend.
The meeting can also be viewed LIVE or later via webcast or YouTube.
Follow us @LondonAssembly.
Notes to editors:
- P8, 2026-27 First Draft Consolidated
Budget, 15 January 2025
- P11, 2026-27 Consultation Budget,
3 December 2025
-
Neil Garratt
AM, Chairman of the Budget and Performance Committee,
is available for interview.
- Find out more about the work of the Budget and Performance
Committee.
-
Read the agenda in full.
