Canary Wharf station, Crossrail
Crossrail needs another £1bn in funding and could be delayed even longer than originally anticipated.
CM sources have indicated that a £1bn bailout is set to be announced this week, while ministers are expected to reveal the scheme is even further behind schedule than indicated in August.
The rail project, which sees the construction of the Elizabeth Line running from east to west across London, was originally due to open yesterday (9 December) but it was announced in August that it would be delayed by up to a year. The Financial Times reported that some sources now don’t expect it to open until 2020.
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