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Old October 17th 04, 11:50 AM posted to uk.railway,uk.transport.london
David Hansen David Hansen is offline
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First recorded activity at LondonBanter: Jul 2003
Posts: 376
Default cross rail and costs

On Sun, 17 Oct 2004 12:03:34 +0100 someone who may be "Angus Bryant"
quoted this:-

http://news.independent.co.uk/busine...p?story=572873


The Treasury is to underwrite the entire £12bn cost of the Crossrail project
to build a rail link across London after deciding it will not be a
public-private partnership.


That is quite a dramatic announcement if true. The Treasury has been
very much behind PFI dogma.

Civil servants have persuaded the Treasury to keep the project under public
control to minimise costs.


Glad to hear it.


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