Axe likely for London projects as Crossrail and Tube grab funds

 
Major capital transport projects in London are likely to be dropped, due to a lack of funding and in favour of pursuing Crossrail and Tube improvements.


As a £230M funding package from BAA toward the £16bn Crossrail project was announced this week, mayor of London, Boris Johnson, stated that there was not enough ‘cash to do everything we would like’ in terms of major transport projects.


In his Way to go paper, which sets out his vision for transport in the capital, Johnson says ‘one thing we cannot do is spend tens of millions keeping projects alive, for political reasons, when there is simply no government funding to deliver them’. But the Crossrail project, which he described as ‘vital’ to the future of the city, was guaranteed to go ahead.


A spokesman for the mayor’s office confirmed that a number of projects would be dropped under Transport for London’s business plan for the next 10 years. The plan was discussed at a TfL board meeting this week, and is about to be published.


Crossrail will provide direct services from Heathrow airport through central London, the City and Canary Wharf and out to Shenfield and Abbey Wood. New stations will be created at Paddington, Bond Street, Tottenham Court Road, Farringdon, Liverpool Street, Whitechapel and the Isle of Dogs (Canary Wharf).

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