According to the Guardian (http://www.theguardian.com/uk-news/2015/sep/24/london-garden-bridge-project-in-jeopardy-amid-funding-row), Lambeth council has suspended negotiations over the sub-leasing of the land currently leased to Coin Street to the Garden Bridge Trust and part of the Thames Path national trail.  Without this land, which has recently been declared an Asset of Community Value, the project cannot proceed.

The council's position is, presumably, a response to on-going pressure from its residents.

If you're a Lambeth resident, do contact your councillors to thank the council for this action and encourage them to oppose the Garden Bridge.

The same article points out that the bridge is becoming an important issue in the Mayoral campaign, with some of the candidates stating their opposition to it.