London firms to pay for £825m Crossrail lifeline

[Recliner]

Crossrail has secured a £825m loan from Westminster to complete London’s
over-budget and much delayed east-to-west train line.

The capital’s businesses, already reeling from the coronavirus pandemic,
will foot the bill for the additional costs with the extension of business
rate levies.

Sadiq Khan, London mayor and the chairman of Transport for London, said it
was “vital that we dig deep to get the railway up and running”.

Crossrail, Europe’s biggest construction project and known as the Elizabeth
Line, previously requested a further £1.1bn to complete the works.

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrail-lifeline/>

[tim...]

Post by Recliner
Crossrail has secured a £825m loan from Westminster to complete London’s
over-budget and much delayed east-to-west train line.
The capital’s businesses, already reeling from the coronavirus pandemic,
will foot the bill for the additional costs with the extension of business
rate levies.
Sadiq Khan, London mayor and the chairman of Transport for London, said it
was “vital that we dig deep to get the railway up and running”.
Crossrail, Europe’s biggest construction project and known as the Elizabeth
Line, previously requested a further £1.1bn to complete the works.
Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrail-lifeline/>

I've already seen the article

but what does "London firms to pay " actually mean here

there's no mention in the article of how they are going to be billed for
this amount

and what is the criteria for being required to pay? Is it just firms
on/near line of route or the whole of GL?

[Roland Perry]

Post by tim...

Post by Recliner
Crossrail has secured a £825m loan from Westminster

National Government in Westminster, or the Westminster City Council?

Post by tim...

Post by Recliner
to complete London’s over-budget and much delayed east-to-west
train line.
The capital's businesses, already reeling from the coronavirus
pandemic, will foot the bill for the additional costs with the
extension of business rate levies.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Post by tim...

Post by Recliner
Sadiq Khan, London mayor and the chairman of Transport for London, said it
was “vital that we dig deep

That's what you tend to do with tunnels under London

Post by tim...

Post by Recliner
to get the railway up and running”.
Crossrail, Europe’s biggest construction project and known as the
Elizabeth Line, previously requested a further £1.1bn to complete
the works.
Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-
crossrail-lifeline/>

I've already seen the article
but what does "London firms to pay " actually mean here
there's no mention in the article of how they are going to be billed
for this amount

<cough> (see above).

Post by tim...
and what is the criteria for being required to pay? Is it just firms
on/near line of route or the whole of GL?

That's a better question, but I'd expect it to be at least all the
boroughs the line serves. Maybe you can rummage through the Mayor's
archives and see who was billed for earlier tranches.

[Robin]

Post by tim...

Post by Recliner
Crossrail has secured a £825m loan from Westminster to complete London’s
over-budget and much delayed east-to-west train line.
The capital’s businesses, already reeling from the coronavirus pandemic,
will foot the bill for the additional costs with the extension of business
rate levies.
Sadiq Khan, London mayor and the chairman of Transport for London, said it
was “vital that we dig deep to get the railway up and running”.
Crossrail, Europe’s biggest construction project and known as the Elizabeth
Line, previously requested a further £1.1bn to complete the works.
Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrail-lifeline/>

I've already seen the article
but what does "London firms to pay " actually mean here
there's no mention in the article of how they are going to be billed for
this amount
and what is the criteria for being required to pay?  Is it just firms
on/near line of route or the whole of GL?

A business rate supplement in London (all boroughs plus the City) was
introduced to pay for Crossrail. Details are on london.gov.uk. I expect
the loan will lead to an extension to the life of the supplement rather
than an increase in the amount but IIRC that's an annual decision for
the GLA.

[Recliner]

Post by Robin

Post by tim...

Post by Recliner
Crossrail has secured a £825m loan from Westminster to complete London’s
over-budget and much delayed east-to-west train line.
The capital’s businesses, already reeling from the coronavirus pandemic,
will foot the bill for the additional costs with the extension of business
rate levies.
Sadiq Khan, London mayor and the chairman of Transport for London, said it
was “vital that we dig deep to get the railway up and running”.
Crossrail, Europe’s biggest construction project and known as the Elizabeth
Line, previously requested a further £1.1bn to complete the works.
Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrail-lifeline/>

I've already seen the article
but what does "London firms to pay " actually mean here
there's no mention in the article of how they are going to be billed for
this amount
and what is the criteria for being required to pay?  Is it just firms
on/near line of route or the whole of GL?

A business rate supplement in London (all boroughs plus the City) was
introduced to pay for Crossrail. Details are on london.gov.uk. I expect
the loan will lead to an extension to the life of the supplement rather
than an increase in the amount but IIRC that's an annual decision for
the GLA.

Yes, the article says, "The capital’s businesses, already reeling from the
coronavirus pandemic, will foot the bill for the additional costs with the
extension of business rate levies."

[Bevan Price]

Post by Robin

Post by tim...

Post by Recliner
Crossrail has secured a £825m loan from Westminster to complete London’s
over-budget and much delayed east-to-west train line.
The capital’s businesses, already reeling from the coronavirus pandemic,
will foot the bill for the additional costs with the extension of business
rate levies.
Sadiq Khan, London mayor and the chairman of Transport for London, said it
was “vital that we dig deep to get the railway up and running”.
Crossrail, Europe’s biggest construction project and known as the Elizabeth
Line, previously requested a further £1.1bn to complete the works.
Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrail-lifeline/>

I've already seen the article
but what does "London firms to pay " actually mean here
there's no mention in the article of how they are going to be billed
for this amount
and what is the criteria for being required to pay?  Is it just firms
on/near line of route or the whole of GL?

A business rate supplement in London (all boroughs plus the City) was
introduced to pay for Crossrail. Details are on london.gov.uk.  I expect
the loan will lead to an extension to the life of the supplement rather
than an increase in the amount but IIRC that's an annual decision for
the GLA.

Will any largish shops be able to remain in central London in a few
years ? With increases in business rates, plus huge rents to property
landlords, any residual profitability seems likel to disappear.

[Graeme Wall]

Post by tim...

Post by Recliner
Crossrail has secured a £825m loan from Westminster to complete London’s
over-budget and much delayed east-to-west train line.
The capital’s businesses, already reeling from the coronavirus pandemic,
will foot the bill for the additional costs with the extension of business
rate levies.
Sadiq Khan, London mayor and the chairman of Transport for London, said it
was “vital that we dig deep to get the railway up and running”.
Crossrail, Europe’s biggest construction project and known as the Elizabeth
Line, previously requested a further £1.1bn to complete the works.
Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrail-lifeline/>

I've already seen the article
but what does "London firms to pay " actually mean here
there's no mention in the article of how they are going to be billed for
this amount

There is.

[tim...]

Post by Graeme Wall

Post by tim...

Post by Recliner
Crossrail has secured a £825m loan from Westminster to complete London’s
over-budget and much delayed east-to-west train line.
The capital’s businesses, already reeling from the coronavirus pandemic,
will foot the bill for the additional costs with the extension of business
rate levies.
Sadiq Khan, London mayor and the chairman of Transport for London, said it
was “vital that we dig deep to get the railway up and running”.
Crossrail, Europe’s biggest construction project and known as the Elizabeth
Line, previously requested a further £1.1bn to complete the works.
Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrail-lifeline/>

I've already seen the article
but what does "London firms to pay " actually mean here
there's no mention in the article of how they are going to be billed for
this amount

There is.

only if you interpret:

"extension of business rate levies"

as "extension of Business Rate Levies"

which I didn't do

I interpreted "extension of" as adding on some new tax

erroneously, I now see

[s***@isnotyourbuddy.co.uk]

On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrai
l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

[m***@round-midnight.org.uk]

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.
<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrai
l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

The benefits of through running are that the London terminals are
relieved of Crossrail services and stock can be used more efficiently.
The London terminals can be used more efficiently and the released
capacity can be used for longer trains on some other services.

It's not just the through trains which form the whole equation.

[s***@isnotyourbuddy.co.uk]

On Wed, 2 Dec 2020 08:51:28 +0000

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

The benefits of through running are that the London terminals are
relieved of Crossrail services and stock can be used more efficiently.
The London terminals can be used more efficiently and the released
capacity can be used for longer trains on some other services.

Thats neither TfLs nor londoners problem. When all this covid hysteria is
over TfL fares are going to go through the roof just so people who live way
outside of the TfL area can get to central london 20 mins quicker.

[Anna Noyd-Dryver]

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 08:51:28 +0000

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

The benefits of through running are that the London terminals are
relieved of Crossrail services and stock can be used more efficiently.
The London terminals can be used more efficiently and the released
capacity can be used for longer trains on some other services.

Thats neither TfLs nor londoners problem. When all this covid hysteria is
over TfL fares are going to go through the roof just so people who live way
outside of the TfL area can get to central london 20 mins quicker.

So you'd rather have seen a short tube line from Paddington to Woolwich,
and no relief of congested termini?


Anna Noyd-Dryver

[s***@isnotyourbuddy.co.uk]

On Wed, 2 Dec 2020 12:09:33 -0000 (UTC)

Post by Anna Noyd-Dryver

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 08:51:28 +0000
Thats neither TfLs nor londoners problem. When all this covid hysteria is
over TfL fares are going to go through the roof just so people who live way
outside of the TfL area can get to central london 20 mins quicker.

So you'd rather have seen a short tube line from Paddington to Woolwich,
and no relief of congested termini?

I wouldn't call that short and if it was simply to relieve congestion to
termini there were much more deserving ones to start at than paddington
which if the TV program is anything to go by never gets anywhere close to
the crowding of victoria or waterloo.

IMO there was zero reason to extend crossrail as far as Reading - it should
have been kept inside the M25 at both ends. All that will happen - as has
happened with the ELL - is that delays on NR will affect the core service which
will turn to crap. Except unlike the ELL its going to have NR delays on both
ends.

[Clive Page]

The benefits of through running are that the London terminals are relieved of Crossrail services and stock can be used more efficiently. The London terminals can be used more efficiently and the released capacity can be used for longer trains on some other services.
It's not just the through trains which form the whole equation.

I totally agree. Thameslink, effectively our first RER-like service, works very well from that point of view (it's only a pity that the trains, points, overhead power lines, and signals are all so unreliable that it rarely works as it should).

But why did nobody think of this for HS2? We could have had trains running through to say Gatwick or Brighton from the north, and avoided the need for an expensive terminus at Euston. People have said that dwell times for inter-city trains at their London stops would need to be too long to make this practical because long-distance passengers have more luggage. But I disagree: on Thameslink we get lots of passengers to/from Gatwick and Luton airports who always have luggage with them, but some of them get on or off at West Hampstead, some at St.Pancras, some at Farringdon, some at Blackfriars, and some at London Bridge. In times BC I often used to use these stations and have never found that slow loading/unloading of the passengers was a problem. I fail to see why HS2 had to have a London *terminus*.

[s***@isnotyourbuddy.co.uk]

On Wed, 2 Dec 2020 12:23:29 +0000

The benefits of through running are that the London terminals are relieved

of Crossrail services and stock can be used more efficiently. The London
terminals can be used more efficiently and the released capacity can be used
for longer trains on some other services.

It's not just the through trains which form the whole equation.

I totally agree. Thameslink, effectively our first RER-like service, works
very well from that point of view (it's only a pity that the trains, points,
overhead power lines, and signals are all so unreliable that it rarely works
as it should).

TfL and hence london farepayers didn't pay for Thameslink, the government did.
Crossrail is TfLs project and so passengers outside the M25 are effectively
getting it for free (not including any government covid subsidies) while
Londoners will be forking out for it via higher fares for decades.

But why did nobody think of this for HS2? We could have had trains running

HS2 should have run on to HS1.

[s***@isnotyourbuddy.co.uk]

On Wed, 2 Dec 2020 10:25:35 +0100

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

Would it? Last time a major tube line was built (JLE), it was over 18
months late and the cost rose from £2.1 bn to £3.5 bn. The only reason

That 3.5B is one FIFTH the CURRENT cost of crossrail and involved 10 miles
of tunnel compared to crossrails 13 miles which is where most of the costs
have gone. If you think thats a good comparison then I have the proverbial
bridge to sell you.

Post by Recliner
it was finished as quickly and with as little cost overrun as it was,

IIRC there was a fair amount of criminal activity going on during the JLE
build with installed cables being damaged or ripped out and having to be
redone but even with that it got done on time.

Post by Recliner
was because the project was descoped (ATO and moving block signalling
not implimented), leading to reduced capacity, and the government was

Which as it turned out wasn't such a big deal and probably saved a lot of
passenger frustration from bug ridden signalling systems as happened when
moving block was installed.

[Roland Perry]

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 10:25:35 +0100

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-
crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

Would it? Last time a major tube line was built (JLE), it was over 18
months late and the cost rose from £2.1 bn to £3.5 bn. The only reason

That 3.5B is one FIFTH the CURRENT cost of crossrail and involved 10 miles
of tunnel compared to crossrails 13 miles which is where most of the costs
have gone.

Only a third of the Crossrail budget was ever allocated to the central
tunnelled section. The rest was for fettling up the "tails" at either
end.

[Recliner]

Post by Roland Perry

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 10:25:35 +0100

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-
crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

Would it? Last time a major tube line was built (JLE), it was over 18
months late and the cost rose from £2.1 bn to £3.5 bn. The only reason

That 3.5B is one FIFTH the CURRENT cost of crossrail and involved 10 miles
of tunnel compared to crossrails 13 miles which is where most of the costs
have gone.

Only a third of the Crossrail budget was ever allocated to the central
tunnelled section. The rest was for fettling up the "tails" at either
end.

Yes, and the central London tunneling actually went very well. That made
the management over-confident about the more complex parts of the project,
particularly the stations.

[Roland Perry]

Post by Recliner

Post by Roland Perry

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 10:25:35 +0100

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-
crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

Would it? Last time a major tube line was built (JLE), it was over 18
months late and the cost rose from £2.1 bn to £3.5 bn. The only reason

That 3.5B is one FIFTH the CURRENT cost of crossrail and involved 10 miles
of tunnel compared to crossrails 13 miles which is where most of the costs
have gone.

Only a third of the Crossrail budget was ever allocated to the central
tunnelled section. The rest was for fettling up the "tails" at either
end.

Yes, and the central London tunneling actually went very well. That made
the management over-confident about the more complex parts of the project,
particularly the stations.

I think that the "third" I mentioned included the central section
stations.

[Recliner]

Post by Roland Perry

Post by Recliner

Post by Roland Perry

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 10:25:35 +0100

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-
crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

Would it? Last time a major tube line was built (JLE), it was over 18
months late and the cost rose from £2.1 bn to £3.5 bn. The only reason

That 3.5B is one FIFTH the CURRENT cost of crossrail and involved 10 miles
of tunnel compared to crossrails 13 miles which is where most of the costs
have gone.

Only a third of the Crossrail budget was ever allocated to the central
tunnelled section. The rest was for fettling up the "tails" at either
end.

Yes, and the central London tunneling actually went very well. That made
the management over-confident about the more complex parts of the project,
particularly the stations.

I think that the "third" I mentioned included the central section
stations.

That sounds very unlikely. They alone probably cost half the total budget.

[Roland Perry]

Post by Recliner

Post by Roland Perry

Post by Recliner

Post by Roland Perry

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 10:25:35 +0100

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport for
London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-
crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

Would it? Last time a major tube line was built (JLE), it was over 18
months late and the cost rose from £2.1 bn to £3.5 bn. The only reason

That 3.5B is one FIFTH the CURRENT cost of crossrail and involved 10 miles
of tunnel compared to crossrails 13 miles which is where most of the costs
have gone.

Only a third of the Crossrail budget was ever allocated to the central
tunnelled section. The rest was for fettling up the "tails" at either
end.

Yes, and the central London tunneling actually went very well. That made
the management over-confident about the more complex parts of the project,
particularly the stations.

I think that the "third" I mentioned included the central section
stations.

That sounds very unlikely. They alone probably cost half the total budget.

Station contracts (from architectsjournal):

STATION ORIGINAL TARGET COST FORECAST COST (Dec 2018)

Bond Street £126M £412M
Paddington £181M £571M
Farringdon £239M £634M
Whitechapel £110M £659M
Tottenham Ct Rd £98M £282M
Liverpool Street £147M £374M
Woolwich £70M £234M
----- ------
£971M £3166M

Thus despite the systemic cost over-runs, the first column is just 6.5%
of the original budget, and the second around 17% of the outcome.

[s***@isnotyourbuddy.co.uk]

On Wed, 2 Dec 2020 10:16:13 +0000

Post by Roland Perry

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 10:25:35 +0100

Post by Recliner

Post by s***@isnotyourbuddy.co.uk
On Wed, 2 Dec 2020 01:38:04 -0000 (UTC)

Officials in London’s City Hall said that Crossrail and Transport

for

Post by s***@isnotyourbuddy.co.uk

Post by Recliner

Post by s***@isnotyourbuddy.co.uk

London hope that £825m will be sufficient. If not, further funding
discussions with the Government may be required, they added.

<https://www.telegraph.co.uk/business/2020/12/01/london-firms-pay-825m-
crossrai

Post by s***@isnotyourbuddy.co.uk

l-lifeline/>

And the odyssey continues. If they'd just built a new tube line instead of
some ego satisfying RER style express it would have been built and running
by now at probably 1/3rd the cost. Still, at least the citizens of reading
(pop 200K) will have a shiny new train service too.

Would it? Last time a major tube line was built (JLE), it was over 18
months late and the cost rose from £2.1 bn to £3.5 bn. The only reason

That 3.5B is one FIFTH the CURRENT cost of crossrail and involved 10 miles
of tunnel compared to crossrails 13 miles which is where most of the costs
have gone.

Only a third of the Crossrail budget was ever allocated to the central
tunnelled section. The rest was for fettling up the "tails" at either
end.

Really? So 12B has been spent tarting up pre-existing lines has it?

Remind us where the delays currently are.

[Roland Perry]

Post by s***@isnotyourbuddy.co.uk

Post by Roland Perry
Only a third of the Crossrail budget was ever allocated to the central
tunnelled section. The rest was for fettling up the "tails" at either
end.

Really? So 12B has been spent tarting up pre-existing lines has it?

2/3 of the original £14bn.

[s***@isnotyourbuddy.co.uk]

On Wed, 2 Dec 2020 14:25:23 +0000

Post by Roland Perry

Post by s***@isnotyourbuddy.co.uk

Post by Roland Perry
Only a third of the Crossrail budget was ever allocated to the central
tunnelled section. The rest was for fettling up the "tails" at either
end.

Really? So 12B has been spent tarting up pre-existing lines has it?

2/3 of the original £14bn.

What did they do, gold plate the railheads?