BBC: "Why the City of London Corporation supported Crossrail"

Link to BBC London

"Details of a £250m deal between the City of London Corporation and the Labour government for the Crossrail project have been discovered by the BBC.

"... This means the corporation could end up recouping much, if not all, of the money it is contributing to Crossrail.

"The chairman of the Corporation Policy Committee Stuart Fraser conceded things need to change. 'I think it's fair to say we've got to look at this,' he told the BBC, but defended the corporation's lack of transparency."

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