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Story summary
- Mayor Sadiq Khan made almost 1 km of Oxford Street traffic-free.
- The Oxford Street Development Corporation will run the £150 million scheme until spring 2027.
- City Hall projects the change could generate $109 million yearly revenue and create 700 jobs.
- John Lewis and Selfridges say pedestrianisation will boost sales and justify recent refurbishments.
- Westminster councillor Tim Barnes called the plan rushed, under-resourced and likely to divert traffic onto residential streets.
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