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London & Partners’ response to transparency calls

July 2, 2013 - Martin Hoscik@MayorWatch

London_PartnersLast month I looked at how, despite being its biggest funders, Londoners aren’t permitted to know how the capital’s official promotions agency, London & Partners, spends their money.

Ahead of publishing I asked L&P for a comment but in the absence of a response the article went live without. A second email, sent last Friday, has prompted the following slightly formal reaction:

“London & Partners is a company limited by guarantee and files an annual return with Companies House as required by law. As a private company we are under no legal obligation to detail all expenses and salaries.

“The Board of London & Partners and all staff are well aware of the collective responsibility the company has in providing value for money as the company seeks to promote London as the best city on Earth for inward investment, students and visitors.  

“Our chief executive and chief operating officer give annual public evidence to the London Assembly and report to the Mayor on how we spend our grant on a quarterly basis.” 

Let’s hope they have more of a smile on their face when writing their marketing blurb…

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