Funding woes sees TfL kick Crossrail 2 further into long grass

tfl

Transport body’s finance chief complains at lack of long-term funding settlement

A lack of clarity around long-term funding from government has forced Transport for London to shelve major infrastructure projects, according to the body’s finance chiefs.

Giving evidence to the London Assembly Budget and Performance Committee, Patrick Doig and Rachel Sherry said uncertainty around capital funding meant projects such as the already stalled Crossrail 2 had been moved from being a current priority to a future one.

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