Crossrail funding shortfall grows as line prepares to open in June

crossrail 2

Project now down by £174m up from previous estimate of £150m, boss tells MPs

Crossrail’s funding shortfall has widened, a letter to the Public Accounts Committee has revealed.

The letter, which Crossrail boss Mark Wild sent to committee chair Meg Hillier last month, said the anticipated cost of finishing the central section of the railway was £174m more than the £825m the project was handed in the last government bailout.

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