New rail link signals a new 'garden city' for London

. Credit: ITV News/Simon Harris

Chancellor George Osborne has given the go-ahead for a new rail link which should see a "garden city" built on the banks of the Thames.

The Chancellor has approved a £180m extension to the Gospel Oak to Barking line.

A new station will be built at Barking Riverside where a town with a population of 29,000 - the same size as Windsor - is planned.

. Credit: ITV News/Simon Harris

It follows his announcement on Sunday of a planned new garden city of 15,000 homes at Ebbsfleet in Kent.

. Credit: ITV News/Simon Harris

Barking Riverside is a 20-year project to build 10,800 along with five schools on the site of the former Barking power station.

. Credit: ITV News/Simon Harris

The first 350 homes are already occupied and another 350 are being built but the nearest railway station is almost three miles away.

. Credit: ITV News/Simon Harris

An earlier proposal to connect Barking Riverside to the DLR network was scrapped on cost grounds.