Garden Bridge Update

Statement on the Garden Bridge

"The Garden Bridge is at a crucial moment with Lambeth council now needing to start complex lease negotiations. But serious question marks remain about financing of the scheme. It is also becoming clear that future mayoral support for this scheme is weakening.

"I have consistently said, during a time of severe spending cuts putting £30million worth of public funding towards this new bridge isn't justified. So while it might have other merits, it is surely wrong for TfL to issue a blank cheque, particularly given the financial pressures they face from the Chancellor.

"Disappointingly, since I first raised these issues in June, there seems to have been little progress in attracting alternative funding from the private sector, so we are now suspending further lease negotiations until the Mayor gives us the reassurances I have written to him asking for."

Cllr Lib Peck, Leader of Lambeth Council

 

Letter from Cllr Lib Peck to the Mayor of London: 

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commented 2015-10-10 00:51:32 +0100
I agree with your comment, Lib Peck. This cost (30 million) is totally unreasonable when self-employed people are being hit by an unjustified cut of their tax credits, which are so important to boost the meagre income which these people depend on to adequately feed and clothe their children.

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