BUDGET: Mayor keeps ‘Olympics tax’ after Games debt is wiped

– Sadiq Khan using loophole to raise cash for his unbalanced budget The Mayor of London is continuing to impose an ‘Olympic tax’ on Londoners – even though the debt of the Games has been wiped. The tax, known as the Olympic precept, was set-up before 2012 to help pay for the Games and the associated regeneration projects. During his electoral campaign, Sadiq Khan pledged…