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Crossrail delay hits TfL coffers

RAIL

Andrew Forster
14 September 2018
 

Transport for London may face a double financial hit from the delayed opening of Crossrail through central London, with additional construction costs and the loss of months of fare revenues from the new services.

TfL subsidiary company Crossrail Ltd has announced that the opening of the central section of the Elizabeth Line, between Paddington and Abbey Wood, has been put back from December to “autumn 2019” because more time is needed to complete the final infrastructure and...

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