A LANDMARK statue has been beheaded and taken out of the region, as it emerged the regeneration scheme it is central to has already cost nearly £500,000.

Workers lifted the Lord Londonderry on horseback statue from its plinth in Durham Market Place, before cutting off the late nobleman's head - to allow safe transport to London.

A crowd of intrigued shoppers gathered to watch the drama unfold, with the emasculated treasure quickly earning the nickname "Durham's headless horseman".

The landmark is destined for the workshop of conservator Rupert Harris, who will spend about six months restoring and repairing it.

Officials from regeneration outfit Durham City Vision insist the work is essential to prevent the statue falling into further disrepair.

Meanwhile, figures obtained under the Freedom of Information Act revealed Heart of the City has already cost £478,700.

Clare James, project manager for Durham City Vision, said Heart of the City was an exciting and vital project to make Durham a better place to live, work and visit and it was essential it was properly planned and delivered.

Read the full story in tomorrow's Northern Echo