More than 15 business leaders from the leisure and hospitality sector have written to the government urging them not to abandon funding for Visit London in the run up to the London 2012 Games. The figureheads wrote to Vince Cable, the business secretary, and George Osborne, the chancellor, after ministers cut funding streams for the bodies that promote the capital internationally. The leading executives fear that Visit London, the tourism body, and Think London, the inward investment agency, could become casualties of the government’s decision to scrap regional development agencies, leaving them with no budget from next spring. The London Development Agency provided almost £12m a year to Visit London and £16.5m to Think London over three years. In the letter, the business leaders warn of the “risk to jobs and economic growth”. Grant Hearn, executive chairman of Travelodge and a non-executive at Visit London, said: “To find ourselves in this situation so shortly before the Olympics of all things is hard to take in.” The business leaders have met with Boris Johnson, the mayor. The Department for Business, Innovation and Skills said: “There will be funding for the things the mayor considers fundamental.”