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An Olympic-sized black hole

Created on
17 October 2017
  • Is the London Stadium fundamentally un-profitable?
  • What has happened to the Mayor’s investigation into the Stadium?
  • Can the LLDC meet its affordable housing target?
  • When will be LLDC be in a position to repay its debts?

The Budget Monitoring Sub-Committee will tomorrow question The London Legacy Development Corporation (LLDC) and GLA representatives on its long-term financial sustainability.

The discussion will include the London Stadium, the cultural and education district, affordable housing and overall financial sustainability.

The following guests will attend:

  • David Goldstone CBE, Chief Executive, LLDC
  • Gerry Murphy, Deputy Chief Executive, LLDC
  • David Bellamy, Chief of Staff, GLA
  • Martin Clarke, Executive Director of Resources, GLA

The meeting will take place on Wednesday, 18 October from 2.30pm in The Chamber at City Hall (The Queen’s Walk, London SE1).

Media and members of the public are invited to attend

Social media

The meeting can also be viewed LIVE via webcast or YouTube

Follow us on Twitter @LondonAssembly and take part in the meeting discussion using #AssemblyBudget and #OlympicFunds

Notes to editors

  1. To consider the quarterly monitoring reports provided by the GLA and its functional bodies as referred to it by the Budget and Performance Committee, and any other reports falling within the terms of reference of the Budget and Performance Committee which that Committee considers appropriate, and to report back its findings to the Budget and Performance Committee as necessary
  2. The agenda and reports are available here. 
  3. Gareth Bacon AM, Chairman of the Budget Monitoring Sub-Committee is available for interview.  See contact details below.
  4. As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.

 

For media enquiries, please contact Sonia Labboun on 020 7983 5769.  For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officer.  Non-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.

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