PLANS for a new business park in Thamesmead creating 1,500 jobs have been rubber-stamped by the Mayor of London.

Ken Livingstone confirmed his support for the scheme, incorporating West Thamesmead Business Park and the White Hart Triangle, on August 30. His decision means the development is eligible for funding from the European Union and the Government's single regeneration budget.

Greenwich Council leader Councillor Chris Roberts said: “This is tremendous news for the regeneration of the borough and opens up major opportunities for businesses and residents.”

The scheme is a joint venture between the council, Tilfen and the London Development Agency.