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Crossrail 2 CIL rate is unfair, says borough

FUNDING

16 February 2018
 

An outer London borough is pressing Sadiq Khan to reduce the proposed mayoral Community Infrastructure Levy (MCIL) that development in the borough will have to pay to part-fund Crossrail 2. 

Consultation closed this month on the mayor’s plan for a second MCIL (‘MCIL2’) on new development across the capital. The levy would part-fund the proposed £30bn (2014 prices) Crossrail 2 project connecting the rail networks in south-west and north-east London. 

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