Of the £231 million you currently have to invest in London's local places and infrastructure , £112 million is available to the London Enterprise Panel via the Growing Places Fund . However, despite the potential of the Fund, it has not been clear how it is planned to be spent or what benefits it will provide to London's economy . So much so, that two Government Ministers - Business minister Michael Fallon and housing minister Mark Prisk - have been forced to write to City Hall expressing 'serious concern' over the your failure to invest these funds and the slow progress being made by London's mayor to help the capital's economy. This criticism follows a 'furious' letter you sent to George Osborne in April 2012 in which you claimed London had been 'excluded from serious consideration by the [Regional Growth] Fund' and arguing that you were reluctant to encourage your partners to submit application to the Fund 'if the roulette wheel will never spin in our favour'. London's economy is being let down. You blame the Government, the Government's ministers blame you. What are you doing to resolve this issue?