Delayed Crossrail gets up to £2bn in new financing

London transport chiefs have announced up to £2bn in new financing to complete the delayed Crossrail project.It is hoped that the money - the bulk of which will come from the Greater London Authority (GLA) through a government borrowing facility - will cover additional costs to allow completion.The Elizabeth Line - running from Reading and Heathrow in the west through central tunnels across to Shenfield and Abbey Wood in the east - was supposed to have opened this autumn.