A cable car, erected at vast expense to the taxpayer, which has few regular passengers. A custom-made bus, intended to symbolise the city’s bright future, which reaches dangerous levels of heat in the summer months. The city’s Olympic Stadium, which has been given over to West Ham, a football club from London’s shanty towns, for an annual rent of just £2.5m, against an estimated cost to the taxpayer of £700m.
It all comes back to “Bambo” Johnson, the eccentric strongman who is still beloved by the natives, now nearing the end of his term of office, but whose reputation for lavishing taxpayer funds on eye-catching projects has called into question the city’s governance.
The latest boondoggle is the soi-disant “Garden Bridge”, the brainchild of one of the region’s most popular performers, who, as the star of the show Absolutely Fabulous, has delighted the townsfolk for many decades. The bridge’s chief architect is not an architect but a designer, Thomas Heatherwick, who has been the preferred target of Bambo’s largesse. It was Heatherwick who designed the new Routemasters, a paean to the capital’s better days, and part of the atavist streak that has global finance increasingly concerned by the city’s turn away from 21st century thinking.
The cost of the Garden Bridge – intended as a memorial to the deceased Princess of Wales, who has something approaching god-like status among the city’s denizens – has skyrocketed over the years. The taxpayer will now end up paying out £60m into its construction, and close to an additional £4m towards its upkeep*.
International observers are pessimistic about the capital’s hopes of reform. The two candidates most likely to succeed Bambo are the leftist Sadiq Khan and Zac Goldsmith, a languid aristocrat who favours an “Out” vote in the country’s coming referendum on its membership of the European Union, despite concerns that this will further disadvantage the locals. Both are committed to maintaining the Garden Bridge.
For those hoping for a city administration that blends innovation with genuine rigour, the 2016 election will bring little respite.
*UPDATE: The Garden Bridge Trust has now been in touch, and asked us to publish the following message for our readers:
“The Bridge will not cost the British taxpayer £60m. £30m of public money has been received from the Department for Transport and £30m from Transport for London but £20m of this will be repayable over a period of time. The public will not be paying for £4m a year for maintenance costs either. Maintenance costs are estimated at £2m a year and will be paid for by the Garden Bridge Trust who have a business plan to raise money through the hosting of private events for the costs.
“Also, just to point out that the Bridge is not dedicated to the memory of the late Princess Diana, this was Joanna Lumley’s original idea. However this aspect was not really looked at again when the idea of the Bridge started to be looked at seriously in 2012. The idea of the Bridge is for people to be able to cross the bridge in their own time and pace and enjoy new views of London in a tranquil setting.”This article is from the CityMetric archive: some formatting and images may not be present.