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Funding headache for Edinburgh as tram set to breach £545m budget

28 August 2009
Tram tracks have been laid on Princes Street
Tram tracks have been laid on Princes Street

 

Edinburgh city councillors are considering how to plug a funding hole in the city’s flagship tram project after learning that the project cannot be completed within the £545m budget.

Edinburgh is blaming a dispute with the contractor building the route and unforeseen additional utility work costs for the fact that the cross-city route between Newhaven and Edinburgh Airport cannot be delivered on budget or to the proposed timetable.

The council’s arms-length delivery company,...

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