Ken Livingstone鈥檚 vision of redeveloping London is unworkable, planning and property consultant GVA Grimley said this week.
The firm said the private sector would have to stump up cash for the 14-year plan, which it is estimated will cost 拢100bn.

Stephen Brown, GVA Grimley鈥檚 head of planning, said it was doubtful that the government would back the plan with investment. He said: 鈥淭here is no indication that the government can keep pace with the plans. The shortfall will need to be made up by the private sector.鈥�

Brown added: 鈥淭he growth for jobs, office floorspace and homes will not be delivered where local authorities are unable to resource and process applications fast enough.鈥�