Boris Johnson told to get 'ten million quid' off Barclays

The Mayor of London has been involved in angry clashes at City Hall after he was accused of handing £10m of "free advertising" to Barclay's Bank.

The bitter row followed the bank's decision to pull-out of sponsoring Boris Johnson's flagship bike hire scheme.

Barclay's is paying £25m to fund the bikes until 2015 but was expected to make further £25m contribution to provide sponsorship until 2018.

Opposition members on the London Assembly say council taxpayers will have to cover the £10m cost of extending the scheme.

Labour's Val Shawcross asked the mayor when he knew the second £25m was not going to happen.

Boris Johnson replied:

Val Shawcross asked:

Labour's Len Duvall said:

The mayor admitted Barclay's "get very cheesed off" when the bikes are wrongly named - they're commonly referred to as "Boris Bikes".

Barclay's said it expected the scheme's next sponsor to contribute towards the south west extension.