Mayor's pet cable car project may suck in public money

The BBC reports that a planned cable car across the Thames from Docklands to North Greenwich may not be ready in time for the Olympics - and that the Mayor is now requesting public funding for it.

Caroline Pidgeon commented:

A cable car crossing the Thames might well be a great idea, but the bottom line is that the mayor promised Londoners that it would be funded entirely from private finance and that has already turned out to not be the case.

The mayor now needs to give a clear account of why he rejected the views of the board of the London Development Agency and forced them to divert public funding into his pet project.

You can read the BBC's full story here.

The story has also been covered by the Evening Standard and the Docklands24 website.