10-12-2018 17:44 via Business | The Guardian

Delayed Crossrail could cost almost £3bn more than planned

Fresh bailout for London’s new rail line, which is further delayed until at least 2020Crossrail could now cost almost £3bn more than budgeted, and the opening of the rail line across London is set to be further delayed until at least 2020.A fresh bailout announced on Monday by the mayor, Sadiq Khan, and the Department for Transport (DfT), includes loans of up to £2.05bn to London. It means the final bill for Crossrail could reach £17.6bn, instead of the £14.8bn it w
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