At a glance
• City Hall will allocate £12m to protect specialist staff at London & Partners despite a £19.2m funding shortfall
• The decision has drawn political criticism, with City Hall Conservatives calling London & Partners a budget “drain” and mocking its business-investor “speed dating” events
• The GLA faces broader financial pressures, including the loss of post-Brexit government funding, potential reduced stadium income if West Ham are relegated, and the cost of relocating staff
Sir Sadiq Khan’s business “speed dating” agency is to be given preferential treatment to protect the jobs of key staff as City Hall tackles a £19.2m funding crisis.