"There is something exhilarating and primal about the flashing lights and noisy explosions of a fireworks display, especially on New Year's Eve," says Boris Johnson.
"With our dazzling display we want to capture the dynamism, colour and energy that are the hallmarks of our great city.
"Some tough decisions have had to be taken this year, but as we go into 2011, let's look forward to future growth and successes ahead, embracing the opportunities of the coming year with confidence and optimism."
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