Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Heatwave fans demand for aircon stocks

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Novak Djokovic joins investment firm with stake in Mexico’s Azteca Stadium

      Previews: The Championships - Wimbledon 2026

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      House of the Dragon’s Abubakar Salim dreams of Kenyan kebabs for his last supper

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 25 January 2024 1:40 pm  |  Updated:  Thursday 25 January 2024 1:43 pm

Sadiq Khan accused of misleading Londoners over £30m cash to halt Tube strikes

By: Jessica Frank-Keyes

Political Reporter

Add as a preferred source on Google
Sadiq Khan has a 24-point lead ahead of his nearest rival as he bids for re-election to a record third term at City Hall.
Sadiq Khan has a 24-point lead ahead of his nearest rival as he bids for re-election to a record third term at City Hall.

Sadiq Khan has been accused of being misleading over the £30m cash he put forward to call off this month’s Tube strikes.

Industrial action by the RMT union was called off two weeks ago after the mayor of London found unexpected extra money to enable Transport for London (TfL) to reopen negotiations.

But Khan was criticised at the time, amid warnings other unions would come forward asking for more cash – putting Londoners at risk of further strike action.

Now the mayor has come under fire for refusing to confirm the £30m figure – which has now been revealed in City Hall’s draft budget for 2024-25 – at the time it was reported.

Conservative group leader Neil Garratt raised the issue during a budget questions session at City Hall this morning.

He said: “Two weeks ago, you sat here in this room… three times I asked you if it was £30m that had been offered to London Underground to resolve the strikes, to give them extra pay. 

“Three times you told me that was not the correct number, you wouldn’t say what it was but you said it wasnt that. But then the budget came out and it was £30m. 

“Why did you tell us, tell me, tell Londoners, that it wasn’t £30m?”

He added: “You said ‘you shouldn’t believe what you read in the media’. 

Read more

Palantir to sue Khan over blocked Met police contract

The Mayor of London says he stands ready to help form a bid for the 2040 Olympic Games after CityAM polling revealed widespread support for the plans.

“But I should have believed what I read in the media and I shouldn’t have believed you telling me it wasnt that figure. Why did you say it wasnt that figure?”

In response, Khan insisted he “wasn’t willing to confirm the figure that was in the media because there’s a process… and I think it’s important for the process to have been followed”.

The mayor said it would have been wrong for him to reveal the money publicly while TfL were speaking to “ respective trade unions representing hardworking TfL staff”.

He added: “It’s very important for proper processes to be followed when negotiating… I was not willing to confirm the figure in the media.”

At the meeting in question on January 9, Khan was asked if the £30m being reported in the press was correct, and said: “No, I don’t want to talk about figures in the press. 

“But it’s important we allow discussions to take place but we shouldn’t believe what’s in the press.”

He admitted the extra money had come from City Hall, but insisted: “The timing was fortuitous as we’re in the budget setting process…. the figure you said that’s in the media is not the figure I would say is the figure.”

A spokesperson for the mayor said: “The absolute worst outcome for London taxpayers and businesses would have been a week of strike action this week causing huge disruption.

“The Mayor has always said negotiation and talking with workers is the best way to settle disputes.”

Read more

Podcast: Palantir to sue Sadiq Khan, GSK’s $10bn mega-deal, and could the World Cup rescue pubs?

CityAM Business As Usual Podcast

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Related Topics

  • Conservative Party
  • Labour Party
  • RMT
  • Sadiq Khan
  • Strikes
  • Transport for London
  • UK Government

Trending Articles

  • Revealed: Secret Treasury plan to tax State Pension before it is paid out

  • Two solicitors linked to Post Office scandal charged with misconduct

  • Burnham’s new chief of staff ran City firm advising Thames Water and rival Heathrow bidder

  • Barclays and Lloyds join banking sector plan for digital ID

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

More from CityAM

  • Palantir to sue Khan over blocked Met police contract

    Legal
    The Mayor of London says he stands ready to help form a bid for the 2040 Olympic Games after CityAM polling revealed widespread support for the plans.
  • Podcast: Palantir to sue Sadiq Khan, GSK’s $10bn mega-deal, and could the World Cup rescue pubs?

    Podcast
    CityAM Business As Usual Podcast
  • ‘We’ve got lots of things going for us America doesn’t’: Sadiq Khan on competing with Silicon Valley

    Tech
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • Mayor Khan makes case for London to host Joshua vs Fury boxing bout

    Sport Business
    GettyImages 2270908743 likely shows a significant news-related event or scene relevant to the articles context and focus.
  • London’s heatwave is a boon for Lime bikes

    Transport & Infrastructure
    Lime faces growing scrutiny over its safety record.
  • Mayor Khan hails London as ‘undisputed global capital for women’s sport’ amid £50m boost

    Sport Business
    Getty Images logo on a blurred background, representing stock photo services, visual media, and professional photography.
  • Exclusive: London in talks to host return of sumo at Royal Albert Hall

    Sport Business
    Getty Images logo prominently displayed on a sleek, modern office building facade with reflective glass panels.
  • London councils won’t be able to sue their way to more homes being built

    Politics
    London Mayor Sadiq Khan

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies