Mayor needs to answer basic questions over cable car proposals - Caroline Pidgeon

April 18, 2011 1:07 PM

Caroline Pidgeon, Leader of the Liberal Democrat London Assembly Group, commenting on the Mayor's announcement of a lead contractor to construct London's cable car said:

"A cable car crossing the Thames is a great idea, but it is a great idea being let down by poor financial planning and a lack of openness.

"The Mayor must now come clean and state why as recently as July 2010 he was claiming the cable car would cost £25 million, but already its projected cost has doubled.

"Most fundamentally the Mayor must explain to Londoners why just a few months ago he was boasting that the cable car would be entirely privately funded, but now Transport for London are set to fund all the upfront costs - possibly diverting money from other important transport projects.

"It is precisely because the cable car is such an important project that its funding and delivery must be taken seriously."

ENDS

Details of the Mayor and Transport for London's proposals for a privately funded cable car, as set out on the

6th July can be seen here:

http://www.tfl.gov.uk/corporate/media/newscentre/metro/16142.aspx

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