By Owen GeddesUpdated February 11, 2018 08:40:24London’s capital is on the cusp of becoming the first city in the UK to introduce a new congestion charges, which will be charged at a fixed rate on a per-mile basis.
London’s new congestion levy will be £1,000 per passenger, with drivers required to wear a GPS device to record their position.
Drivers will also have to pay for the cost of extra signage to alert drivers of the new charge, which can range from £40 to £1 million.
The move will cost the London borough of Tower Hamlets around £2.5 million in 2016-17, according to a report by the London Mayor’s Office.
The plan was approved by the Council on Wednesday, but has been controversial.
The council said the cost is likely to be much higher than the council estimates.
The new congestion measure will be introduced on January 1, 2019.
London has seen some of the worst congestion in the world over the past decade, with the city currently sitting at 9.5 times the average of the UK.
London’s congestion charge will be based on average speed of traffic across the city.
London is already the world’s most congested city, with an average daily traffic speed of nearly 300 kilometres per hour, according a 2016 study by the City of London.