Sadiq Khan, the Mayor of London, has unveiled plans to pedestrianise Oxford Street, supported by the new Labour government, aiming to revitalize the iconic shopping destination and boost the economy. The initiative involves creating a Mayoral Development Corporation to expedite planning decisions, moving authority away from Westminster City Council. Khan emphasized the need for urgent action to restore Oxford Street's status as a leading retail location and enhance visitor numbers, job creation, and economic activity. Despite past failed attempts and anticipated opposition, business leaders have expressed optimism about the potential benefits of the scheme. The pedestrianisation plan is seen as a critical step in addressing the decline in in-store shopping, exacerbated by the rise of online retail. While details on the execution remain vague, the backing of the Labour government is seen as a significant advantage in overcoming previous hurdles.