The London Plan has highlighted the need for the capital to deliver 66,000 homes a year. None of this will be fully possible without Crossrail 2, argues Dr Nelson Ogunshakin of the Association for Consultancy and Engineering (ACE).
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Earlier this week the Financial Times revealed the project could be “delayed by a decade, to the 2040s” in order to allow the necessary funding, half of which is to be provided by Transport for London, to be raised.
Lambeth and Wandsworth councils have criticised Sadiq Khan’s plans to start levying contributions for the proposed Crossrail 2 rail link on developers before the scheme has been given the go-ahead.
Transport for London has already worked with Mayor Sadiq Khan and his predecessor, plus business groups, to show how London could fund half of the scheme during construction.
Transport for London is currently waiting for ministerial approval to proceed with the scheme and a decision to omit it from last week’s Queen’s Speech has sparked concerns that the Government’s commitment to it may be waning.