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The Guardian - UK
The Guardian - UK
Business
Jon Ungoed-Thomas

Boris Johnson’s flagship London dock scheme on brink of collapse

London Boris Johnson ABP Royal Albert Dock GLA
Xu Weiping, head of ABP (London), and Boris Johnson
Xu Weiping, head of ABP (London), and Boris Johnson announce the setting up of ABPs global headquarters, in 2013. Photograph: Imaginechina Limited/Alamy

In May 2013, Boris Johnson announced a flagship £1.7bn scheme for Chinese investors to transform east London docks into the capital’s third financial district.

It was the biggest commercial property deal he had announced during his time as London mayor, and he pledged that it would be a “beacon for eastern investors”.

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