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.
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Sadiq’s Crossrail 2 developer levy branded an ‘unacceptable blank cheque’ by Labour controlled Lambeth council
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.
Labour thinks Crossrail 2 is vital, they just don’t know where it’s going
A Labour leaflet delivered to residents in the London Assembly constituency of Merton & Wandsworth suggests the party’s understanding of the scheme isn’t all it could be.
Mayoral hopeful Sadiq Khan criticised over Crossrail 2 funding gaffe
Overnight reports suggest Chancellor George Osborne will use tomorrow’s budget to confirm the Treasury will cover half the cost leaving TfL, as reported by MayorWatch last week, paying the remaining £80m.
Ministers urged to approve Crossrail 2 – provided Londoners pay at last half of scheme’s £27bn bill
London’s proposed Crossrail 2 rail link “should be taken forward as a priority” according to the National Infrastructure Commission, the body set-up by ministers to assess the country’s longterm infrastructure needs.