From the mood he was in, it was difficult to tell whether he was just playing to the South London audience or if the new part of the line would be called this.
SE1 recorded his speech and he starts talking about transport & the London Underground about six minutes in.
Plans for extension to Northern Line at Battersea Power Station Tour by Tiki Chris
He acknowledged the lack of Tube services South of the river and said: "We have a vision to remedy the gap in provision on the Underground in South London, so we want to extend the Northern Line to Battersea, in fact, we want two new stations for Battersea". He claims this will be paid for by tax increment financing: "We go to the treasury and you allow us to finance this, against the future increment in the business taxes, in taxes that will come into the government as a result in the boom in the business that will be produced in Battersea."
He also mentioned extending the Bakerloo Line to South East London. He's been promising this for quite some time now and the idea was originally mooted in the 1940s. Many Londoners are sceptical as to whether it will ever happen and in his enthusiasm, Boris made no mention as to how this would be financed.
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