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More than £40m of taxpayers money 'wasted on London's failed Garden Bridge'

More than £40m of taxpayers money was wasted on London's failed Garden Bridge, according to new figures.

Artist's impression of the Garden Bridge Credit: Arup

A new audit of the scrapped river crossing reveals a final bill of of £53.5m, including more than £10m from sponsors and donors.

The tree-lined footbridge linking Temple with the South Bank was inspired by Absolutely Fabulous actress Joanna Lumley.

Credit: Arup

Former London mayor Boris Johnson promised to part fund the project with a £30m grant from City Hall. The government offered a further £30m contribution.

The scheme was scrapped in August 2017 after Johnson's successor, Sadiq Khan, withdrew support.

Transport for London figures show almost £43m of public money was lost - including £24m from TfL's coffers.

The Mayor and TfL should not be boasting about being transparent in publishing this information.

What has been published today should have been in the public domain many months ago. It clearly has only been released today due to the London Assembly using its legal powers to summons documents from TfL.

– Caroline Pidgeon, Liberal Democrat Assembly Member

As part of our continuing commitment to transparency, we have published the final financial breakdown for the Garden Bridge project, on behalf of the Trust, as well as all evidence sought as part of this review.

We worked to ensure that the cost to the public sector has been kept to a minimum, and having carefully reviewed the Garden Bridge Trust’s request, we have now confirmed the final payment legally required under the terms of the underwriting agreement made by the Government.

This formally ends our involvement with the project.

– Alex Williams, Director of City Planning at Transport for London