Reader's Letter Of The Day

From today's FT:

Sir, Can I suggest that Tony Travers ("It is time to set London free to tax and spend its own money", Comment, May 16) persuades one of Mayor of London Boris Johnson's fans in the Commons to re-present Herbert Morrison's 1939 site value rating for London bill.

An annual levy on some of the most valuable land in the world should sort out the capital's spending constraints nicely.

Carol Wilcox, Labour Land Campaign, Christchurch, Dorset, UK.