London businesses face paying for Crossrail until 2040

By Jordan Marshall2020-02-10T06:00:00

Current payment plan runs out in 2038

Paying for Crossrail will take longer than previously expected, London businesses have been warned.

In April 2010, then London mayor Boris Johnson introduced a 2p business rates supplement (BRS) to help pay for the line. The supplement was expected to run until 2037-38 and raise around £8bn.

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