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Crossrail threatened by funding problems

"Fundamental affordability concerns" need to be resolved before Crossrail can proceed, according to a study commissioned by the government.

Ministers confirmed that a Bill would be introduced to take powers to build Crossrail, but no agreement had been reached on how to pay for it.
 
The study concluded that the £10 billion scheme would bring huge benefits to the Capital by easing congestion on London Underground and allowing faster journeys between the eastern and western suburbs and central London.

Published: Wed, 21 Jul 2004 08:13:21 GMT+01

» FURTHER READING

Times - page 9 | FT - page 4 | Guardian - page 4