Pounds 1.5bn a Year Cost of Building Crossrail

Summary


THE building of Crossrail would cost London more than Pounds 1.5 billion a year, says an independent report.

Work on the cross-London rail link, designed to connect Heathrow, the West End, the City and Canary Wharf, is due to begin next year but its future is in doubt because a financing package for the scheme - estimated to cost Pounds 10.2billion at 2002 prices - is still to be agreed by the Treasury.

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Pounds 1.5bn a Year Cost of Building Crossrail

Economic consultants Volter...

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