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Topic: London Businesses Say Crossrail Funding Plan May Be Difficult (Read 2113 times)
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Lee
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A group representing 300 London businesses said it may be "tough'' to reach an agreement with the U.K. government over how to the £15 billion Crossrail (link below.) http://www.rmtbristol.org.uk/2007/09/london_businesses_say_crossrai.html#moreBusiness leaders from the U.K. capital met yesterday with Ruth Kelly and were told that the government wants businesses to find a solution for funding the project by Sept. 25 2007 , according to business group London First. |
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Lee
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London mayor Ken Livingstone has appealed for the "last few hundred million pounds" to complete the funding for the Crossrail transport project (link below.) http://news.bbc.co.uk/2/hi/uk_news/england/london/7014331.stm Speaking at the Labour conference in Bournemouth he said ministers were within 2% of putting in place the funding package for the £15bn project. |
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Lee
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John Kay argues that London deserves better than Crossrail (link below.) http://www.rmtbristol.org.uk/2007/10/london_deserves_better_than_cr.html#moreQuote : "London desperately needs better public transport but Crossrail is not the better public transport it needs. There is an improved Crossrail proposal called Superlink, but it might be better to scrap the whole scheme and build the long-envisaged Underground from Chelsea to Hackney or, better yet, to spend the money on more piecemeal improvements." |
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Lee
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« Last Edit: October 15, 2007, 05:03:17 PM by Lee »
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Industry Insider
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I'm pleased that this route has finally got the go-ahead. Gordon Brown's wish to announce it at the Labour Conference went a bit tits-up, and I find his quote "Crossrail will add £20bn to the UK gross domestic product. Today's go-ahead proves that London works best when London works together." quite amusing as if London HAD worked together the line would already be up-and-running! Still, with the absolute absurd delays that go with ANY big infrastructure project this county tries to build, it remains a great day for the railway industry.
I have to say, as commented by many other people, that I find the choice of Maidenhead as the Westerly terminus quite bizarre given that all trains on the Maidenhead-Paddington route come from Reading (or further afield), so why not do the logical thing and extend it to Reading? Very easy track to electrify - virtually straight for the 7 miles to Twyford, with very few structual issues (of which there are several between Airport Junction and Maidenhead), and only a couple of junctions east/west of Twyford to worry about.
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Lee
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« Last Edit: October 17, 2007, 03:46:06 PM by Lee »
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Lee
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Travel fares will go up to pay for Crossrai l, London Mayor Ken Livingstone has said (link below.) http://news.bbc.co.uk/2/hi/uk_news/england/london/7046896.stm The increase will cover the cost of borrowing money to pay for the £16bn project , he told a news conference. Mr Livingstone said the rise has yet to be determined and would depend on the level of interest rates "in two or three years". |
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