In message , Richard
Stow writes
Details in FT tomorrow, announcement next week, not exactly sure what
will be announced houwever, seems options open to last.

FT article at
http://news.ft.com/servlet/ContentSe...StoryFT/FullSt
ory&c=StoryFT&cid=1087373696659
It's mostly speculation about how it might be financed.

A few snippets:

:the project, which is favoured by Tony Blair but regarded by
:the Treasury as a huge expense

:the GLA paper envisages a Treasury contribution of £3.8bn

:The Treasury stands to gain a £7.6bn tax windfall from the
:expected £19bn boost to the economy from Crossrail.

£3.8 billion cost; £7.6 billion windfall; huge expense; does not
compute!

--
Michael Parry