From the Southwark News:
The council is continuing it’s exclusivity agreement with Land Lease, the Aussie developers, but no deal has been signed. The Labour opposition accuses the Lib-Dem/ Conservative council of ceding control of the regeneration process and says:
Regeneration in Southwark is now in total chaos, with an Executive totally out of their depth, the director of major projects resigning [see page 3], and still no deal on the table. There has been a massive lack of political leadership, and this failure rests firmly with the leader of the council, who has so far dodged any accountability, instead blamed everyone else, but still delivered nothing, and just the promise of more dither and more delays.
The council, however, says that everything is still on track despite the ‘worst recession any of us have ever seen’ and affirms that everyone will be moved off the Heygate Estate by the September deadline.