Bosses of Pride in London have given the green light to this year’s event having reached key fundraising and volunteer recruitment milestones.

Until this moment, it was theoretically possible the event would be canceled.

But now Pride in London has announced this year’s festival will go ahead with a week of celebrations, a full parade through the center of the UK capital, a rally in Trafalgar Square and a party in the gay district of Soho.

Mayor of London Boris Johnson has today (18 January) chosen a community interest company to run the city’s pride festival for the next five years.

But the decision has come so late that organizers now only have 115 days to put together a festival which usually takes a year to organize.

It comes after the previous organization running pride collapsed following 2012’s event. London had been hosting World Pride but it had to be drastically scaled back at the last minute due to a funding crisis.

A group which promises to make gay pride in London a 'beacon to the world' has announced its bid to run next year's event in the UK capital.

The London Community Pride (LCP) group have applied to the Mayor of London, Boris Johnson, for the job of managing the annual event for the next five years.

Claiming to comprise of individuals with 'wide experience' in events organization and fundraising, LCP promises to use money made from the festival to support charities which work with and for the LGBT community, as well as finance pride in the future.

Mayor of London Boris Johnson has today (24 October) said he wants people to bid to run LGBT pride in the British capital.

It confirms a report by Gay Star News on 6 September, which City Hall officials refused to confirm.

Johnson’s team will review bids from non-profit, community-based organizations to run and develop pride in the capital over the next five years from 2013.

A group of campaigners for a better LGBT pride in London have demanded the existing festival directors resign straight away.

They say that the last two people on the board of Pride London are delaying the community in setting up an event for 2013. .

The British capital hosted World Pride this year but plans for the parade and party had to be slashed at the last minute with bosses blaming a funding crisis.

It went ahead but with no formal street party and with no floats and vehicles allowed in the parade.

London Mayor Boris Johnson wants people to bid to run the city’s LGBT pride as confusion over the future of the event continues.

Johnson’s City Hall, which was criticized after the UK capital had to scale back World Pride it hosted in July, is apparently planning to call for tenders from potential pride organizers.

While LGBT pride in the city is independent and not technically ‘owned’ by the mayor, City Hall has traditionally put in £100,000 ($159,000 €126,000) to help make it happen, as well as donating Trafalgar Square in the heart of London for free.

Give gay pride back to the people, was the message shouted loud and clear at a debate on how to save the future of London’s troubled LGBT festival.

Around 200 people packed into Heaven nightclub in the UK capital’s center tonight (25 July) to take part in a discussion on this year’s event, which was heavily scaled back at the last minute.

Passions were high as a panel of experts who have been involved in London pride faced questions from the public over why the parade on 7 July was reduced to a walking march with no floats and a Soho street party cancelled.

Pride London chairman Tony Hughes is now confirmed as a panelist at a public debate to decide the future of the LGBT festival in the UK capital.

Gay Star News editor Tris Reid-Smith will chair the meeting at Heaven nightclub on 25 July at 5.30pm, with representatives from leading gay organizations, stakeholders of all kinds, sponsors, LGBT businesses and the community joining together to talk about how we can create a world class pride in London.

Gay Star News is chairing a debate at Heaven on Wednesday 25 July at 5.30pm on how to create a world class LGBT pride in London.

The meeting will be open to the public and bring together London’s LGBT businesses and community with leading gay organizations, stakeholders of all kinds and sponsors.

It comes after controversy rocked this year’s event held on Saturday (7 July). London was hosting World Pride but it was scaled back at the last minute with a rally cut short, floats taken out of the parade and an official street party in Soho cancelled.

British Prime Minister David Cameron has released a statement supporting World Pride in London today (7 July).

The dark clouds which have been hanging ominously over this year’s troubled World Pride event in London finally broke today (7 July), but participants marched on despite the heavy showers.

Although the parade had been turned into a procession with only walking groups and no cars, buses or floats, thousands of people from LGBT organizations, charities, unions and political groups put on a brave face to process through the UK capital’s center.

The timing of the World Pride parade was deliberately brought forward by London’s City Hall to reduce the number of people attending.

Gay Star News has seen evidence that the start time of the march through central London was brought forward from 1pm to 11am specifically to discourage the crowds.

London Mayor Boris Johnson has already faced criticism for not stepping in to save the event tomorrow (7 July) which had to be scaled down at short notice last week due to a cash crisis.