London projects scrapped as LDA funding cuts bite

摘要

Budget cuts have forced the London Development Agency (LDA) to lose 100 staff, scrap half a dozen projects and delay or reduce funding on more than 25 others.rnThe LDA is struggling to save ￡40 million following the government's cost-cutting review of regional development agencies in May, and the agency is likely to be asked to make further savings after the comprehensive spending review in October.