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Businesses to foot the bill as Crossrail cost soars to £17.6bn

RAIL

Andrew Forster
17 December 2018

 

London’s business community will have to pay up to £1.3bn more towards the cost of Crossrail as the Government raised the project’s budget to £17.6bn this week. The financial package agreed with mayor Sadiq Khan could also delay the Crossrail 2 project.

Transport minister Andrew Jones told MPs the project’s funding envelope had risen by £2.8bn, from £14.8bn to £17.6bn. He also revealed that the plan to open the central tunnel section next autumn...

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