Government could lose £22.5m if Garden Bridge fails to raise £56m-£75m funding shortfall

11 October 2016, by Matthew Appleby

The National Audit Office report on Department for Transport funding of the Garden Bridge has concluded that "there remains a significant risk that the project will not go ahead" and that the Department now stands to lose a maximum of £22.5 million of its £30 million grant, should the project not be able to proceed.