Transport for London has confirmed a cost rise to the Barking Riverside rail extension.
Last autumn TfL warned that the tender process for the construction contract was indicating that additional funding might be needed (LTT 09 Nov 18).
At the time, the project had a published cost of £263m, of which £172m was to be met by Barking Riverside Ltd, a joint venture of the Greater London Authority and London & Quadrant New Homes, the developer of the area that could...+57% more
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