The small print of a budget is always what actually matters. Having represented Blackwall as a councillor for the past eight years I have learned how essential it is for this area to be regenerated.
As part of the budget statement, the Chancellor announced £150million to help kickstart regeneration of deprived estates across London.
Some of this money will be used to support the redevelopment of Blackwall Reach, where up to 1,500 homes are planned, along with a new park and an enhanced school.
This investment follows extensive discussions between central Government and the Mayor of London Boris Johnson.
This is what happens when politicians actually engage with one another.
Contrast this with Tower Hamlets' mayor, who ignores everybody but his closest supporters and delights in snubbing all those who are not sycophants.
Mr Johnson spends hours at meetings being questioned by members of the London Assembly from all parties.
Many of the questions are hostile, but like a grown up politician and leader he can take this.
As a result Boris delivers for London, while in Tower Hamlets the mayor is more interested in his pictures on hoardings and in the ludicrous and soon to be abolished East End Life.
Let us hope that after May 22, Tower Hamlets will have a mayor who will engage with supporters and opponents to deliver the best for all residents.
- Peter Golds is a Conservative councillor for Blackwall & Cubitt Town