Crossrail construction brings major disruption to Oxford Street buses and traffic

Transport for London is advising bus passengers that routes servicing the eastern end of Oxford Street face “long term” diversions to allow construction of the new Crossrail station at Tottenham Court Road.

TfL borrows £1bn from EIB to finance Crossrail

The European Investment Bank has agreed to provide a £1bn loan to Transport for London to help the capital’s transport authority fund its share of the Crossrail project.

First Crossrail visitor centre opens

Londoners looking for more information on the capital’s ambitious Crossrail scheme can now pop along to a new visitor centre on St Giles High Street, close to the construction work on Tottenham Court Road.

Johnson publishes Crossrail charging proposals

Businesses outside London could be asked to contribute to the costs of Crossrail after Boris Johnson asked Transport Secretary Geoff Hoon to consult with planning authorities in the South East and East of England about levying a contribution to the scheme’s costs on new planning developments in those areas.

Construction starts on Crossrail

Yesterday saw the start of construction on Crossrail, as work got underway to lay the foundations for a new station at Canary Wharf. Prime Minister Gordon Brown and Mayor of London Boris Johnson were joined by business leaders for a breakfast briefing to mark the occasion.

Crossrail gets major funding boost

The City of London is to contribute £200m to delivering the Crossrail project and will seek £150m of contributions from businesses under a new funding agreement announced today.

Next Page »