2012-09-25

Evening Standard: " £240m bailout to prevent further Crossrail delays"


Link to Evening Standard

"The Government gave a £240 million boost to the Crossrail project today in a bid to avoid further delays to Europe’s largest building scheme.

"Danny Alexander will use his speech to the Lib-Dem conference to announce that the first government loan guarantee to support major infrastructure will be to overcome funding difficulties for Crossrail.

"He will say the £1 billion order for new trains for the massive rail scheme will receive the guarantee in a bid to kick-start UK building projects by boosting industry confidence."

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