Funding woes sees TfL kick Crossrail 2 further into long grass

By Daniel Gayne2023-06-14T11:59:00

Transport body’s finance chief complains at lack of long-term funding settlement

A lack of clarity around long-term funding from government has forced Transport for London to shelve major infrastructure projects, according to the body’s finance chiefs.

Giving evidence to the London Assembly Budget and Performance Committee, Patrick Doig and Rachel Sherry said uncertainty around capital funding meant projects such as the already stalled Crossrail 2 had been moved from being a current priority to a future one.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community