Thames Garden Bridge

Lord Davies of Oldham Excerpts

Thursday 9th January 2014 Lords Chamber

[Lord Deighton]

The issue with a garden bridge is that it is more about gardening than it is about painting, which is the case with the Forth Bridge. The initial plan for maintenance is that it will be assumed by Transport for London along with its ongoing maintenance responsibilities around London. Of course, if, as part of the capital fundraising campaign, the Garden Bridge Trust can also persuade somebody to take on the ongoing maintenance responsibilities, that would be particularly welcome.

[Lord Davies of Oldham (Lab)]

My Lords, the House will have noticed that the Treasury is answering this Question because the bridge can scarcely be defined as a means of transport. It is a very expensive piece of public art, a vanity project of the mayor—and we know where his vanity projects have gone and what they have cost the country. The cycle hire scheme is in trouble, his Emirates gondola crossing down at Greenwich carries so few passengers that it is risible, and, of course, the taxpayer will have to pick up the bill. It is true that the Chancellor has committed only £30 million at present. The question is: with a deficit, still, of £60 million, is the Treasury still in the game?

[Lord Deighton]

I am not sure what the deficit of £60 million refers to. I will run through, very quickly, the benefits of the project and how its value for money will be assessed. First, there is the pedestrian connectivity that it will give. It will switch people out of cars and on to their feet and make a very important connection. Secondly, it will increase London visitor numbers, which is very important. It will be a great visitor attraction. Thirdly, it will have significant development value, connecting the South Bank and its creative centre to the Aldwych and Covent Garden. The development it will bring on each side will have significant value. Finally, it will be a great showcase for UK expertise. Our brilliant designer, Thomas Heatherwick, is designing it, Arup is engineering it and Dan Pearson is landscaping the garden, so it will generate other future business for London through that showcase.