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Crossrail on the rocks? What does this mean to London…
July 10th, 2009 by Barry PotierWith the government rumoured to be contemplating £30bn cut in transport investment, the Crossrail scheme could be a victim of the global economic downturn. With the recession tightening its grip on the UK’s finances, fears have emerged that the project billed as the £16bn saviour of the construction industry is just too expensive in the current climate. With Crossrail being in development for the past 20 years costs have built up to an “impossible to quantify” amount.
