05/10/2007
Crossrail Gets Government Go-Ahead
The Government has given the green light to the £16 billion cross-London Crossrail project.
Announcing that funding is now in place for the long-delayed scheme, Prime Minister Gordon Brown said it was a project of "enormous importance, not just for London but for the whole country".
He said the scheme would generate an additional 30,000 jobs and construction for the link - which will run from Maidenhead as far east as Essex - will begin in 2010.
Crossrail was first given the go-ahead by the Conservative government in 1990 but mounting costs caused the project to be put on hold in the mid-1990s before it was revived in recent years.
The government is providing a third of the money, and the rest will be made up from borrowing against future fares and a levy on London business rates.
London mayor Ken Livingstone said: "It is a tremendous, £16 billion, internationally-recognisable vote of confidence by businesses and government in London's economic success.
"In the seven years since I have been mayor, delivering Crossrail has been by far the most important transport project I have sought to deliver, working together with London's businesses and the Government, and I regard [this] statement as a tremendous combined achievement of all those who have worked for it and one of the most important announcements London could have.
"Crossrail is not just a transport scheme - it is the key to the next 20 years of economic development of London."
(CD)
Announcing that funding is now in place for the long-delayed scheme, Prime Minister Gordon Brown said it was a project of "enormous importance, not just for London but for the whole country".
He said the scheme would generate an additional 30,000 jobs and construction for the link - which will run from Maidenhead as far east as Essex - will begin in 2010.
Crossrail was first given the go-ahead by the Conservative government in 1990 but mounting costs caused the project to be put on hold in the mid-1990s before it was revived in recent years.
The government is providing a third of the money, and the rest will be made up from borrowing against future fares and a levy on London business rates.
London mayor Ken Livingstone said: "It is a tremendous, £16 billion, internationally-recognisable vote of confidence by businesses and government in London's economic success.
"In the seven years since I have been mayor, delivering Crossrail has been by far the most important transport project I have sought to deliver, working together with London's businesses and the Government, and I regard [this] statement as a tremendous combined achievement of all those who have worked for it and one of the most important announcements London could have.
"Crossrail is not just a transport scheme - it is the key to the next 20 years of economic development of London."
(CD)
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Full Speed Ahead For Crossrail
A deal worth up to £350m that will help deliver Crossrail on time and on budget has been finalised with the City of London Corporation. The agreement was announced today by Andrew Adonis, Transport Minister, Boris Johnson, Mayor of London and Sir Michael Snyder of the City of London Corporation.
24 July 2008
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01 March 2013
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The governments contribution to the planned Crossrail scheme has increased from £350m to the full £1 billion, after they decided that attempts to secure private finance risked delaying the project beyond 2018.
Government To Fully Fund Crossrail Plans
The governments contribution to the planned Crossrail scheme has increased from £350m to the full £1 billion, after they decided that attempts to secure private finance risked delaying the project beyond 2018.
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Schools Close As Teachers Hold One-Day Strike
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Schools Close As Teachers Hold One-Day Strike
A teachers strike across England has led to the closure of a number of schools in a dispute of pay, pensions and jobs. In an ongoing dispute the one-day strike action is underway in London, Cumbria, the South East, North East and South West.