Boris Johnson's budget proposals for the capital have survived a challenge from opposition London Assembly Members.

The Conservative Mayor plans to continue to slash police spending by £377million next year while decreasing City Hall's council tax precept by 1.2 per cent.

He insists his bid to "cut and save safely", which also includes a £15million reduction in spending on London Fire Brigade, will promote economic prosperity.

Proposals backed by Labour, Green and Liberal Democrat Assembly Members to fund an extra 874 police officers, or 28 in each borough, were voted down at a City Hall meeting on Monday.

Jennette Arnold, Labour London Assembly Member for Hackney, Islington and Waltham Forest, described the Mayor's budget as "empty". 

She said: “Had he listened to our proposals, the Mayor could have committed to putting hundreds more police officers back on our streets.

“Instead he has felt it necessary to push on with his empty budget, which is largely lacking in ambition and has all the hall marks of a Mayor who is halfway out the door.”

The budget will be ratified after consultation next month.