Decisions on the London council tax are a matter for the Mayor of London.
My statement to the House on 15 March, set out that the Mayor of London and I have agreed to rewrite our memorandum of understanding to put in place profit sharing arrangements to enable the lottery and future regeneration needs of the local area to benefit from the returns on the investment that we are making in the Olympic park.
Work on this has begun; when it is completed I will have a copy of the revised memorandum placed in the Library of the House.