Member Article

Crossrail 2 scheme to receive £100m Government funding

Plans for the £20bn proposed Crossrail scheme is set to receive a significant funding boost from the Treasury in next week’s Budget.

Chancellor George Osborne is expected to give more than £100m to further develop the rail proposal, including the technical assessments and the identification of planning issues.

The project, which is expected to begin construction in 2020, will run from Tottenham Hale down to Wimbledon, with the possibility of stretching into Hertfordshire and Surrey.

Contractors drawing up plans for Crossrail 2 include WS Atkins, Mott Macdonald, Vinci Construction, Aecom, and CH2M Hill.

A source close to Crossrail told The Independent: “There is likely to be some seed-corn money in the Budget and it will not be an insignificant number, probably north of £100m, just to keep the project moving. The consultation is done; this will help get it through to planning.”

This was posted in Bdaily's Members' News section by Ellen Forster .