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Crossrail

Volume 704: debated on Thursday 16 October 2008

asked Her Majesty's Government:

What is their overall financial contribution to the Crossrail project. [HL5492]

The Crossrail heads of terms, which were signed with Transport for London last November, sets out that the Government's planned grant contribution to the Crossrail project is £5.1 billion. This forms part of the £15.9 billion funding package which was secured as part of the Comprehensive Spending Review in October 2007. A copy of the Crossrail heads of terms was placed in the House Library on 26 November 2007.