Conservative London Assembly Member and report author Tony Arbour says bureaucratic hold ups are costing Londoners millions of pounds.
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The robbers casually approached their victim on a busy high street before before spraying a noxious substance in his face.
Tencho Hristov ignored warnings and got trapped between barriers at Roydon in Essex.
The 6km bike track will include 130m of the South Circular near Kew Bridge.