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TfL says in talks with UK government over Crossrail funding

Thu, 1st Oct 2020 10:37

LONDON, Oct 1 (Reuters) - Transport for London (TfL), which
runs the city's transport system, said on Thursday it remained
in "constructive discussions" with the government over funding
the outstanding costs of British capital's delayed Crossrail

TfL has been bailed out by the central government after its
finances came under pressure as fewer people have travelled
during the coronavirus crisis.

The opening of Crossrail, also known as the Elizabeth line
which runs from east to west across London, has been delayed
from its original December 2018 opening date to the first half
of 2022, partly due to the pandemic.

TfL said that the project was moving ahead and as such it
had taken over governance from Crossrail Ltd, which has
constructed the line.
(Reporting by Sarah Young; editing by Michael Holden)

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