Lib Dems mayoral candidate proposes London hotel levy

The Liberal Democrats' London mayoral candidate Brian Paddick has proposed a £1 levy on stays at three-to-five star hotels in the capital.

Lib Dems mayoral candidate proposes luxury hotel levy
Lib Dems mayoral candidate proposes luxury hotel levy

The 'Five-Star Fund', outlined in Paddick's manifesto, is expected to raise at least £10m, with funds coming from more than 50,000 hotels.

Proceeds from the levy would go towards funding a proposed initiative, the London Youth Contract, which will organise schemes to assist the 55,000 18-24 year olds in receipt of Jobseeker’s Allowance and the 18,000 16-17 year olds who are not in employment, education or training.

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