View Single Post
  #36   Report Post  
Old December 7th 12, 05:54 PM posted to uk.transport.london,misc.transport.urban-transit,uk.railway
Jamie Thompson Jamie Thompson is offline
external usenet poster
 
First recorded activity at LondonBanter: Mar 2009
Posts: 48
Default London Battersea Northern Line extension now done with a loan?

On Dec 7, 5:59*pm, Graeme Wall wrote:
How else are you going to fund it?


From the developers whom will reap the financial benefits perhaps? I'm
not against a loan in the general per se, just against a taxpayer-
subsidised and guaranteed one, especially given the site's history of
financial imploding.

IIRC Crystal Palace et al already have a railway service.

It does indeed, however it operates on a two track railway that has to
be shared with longer-distance suburban services. Compare and contrast
the service provision of Crystal Palace and Hendon Central, both zone
3/4 stations...not to mention that removing the current services from
their respective termini frees up capacity there.