June 13, 2024


Make Every Business

Flagship HS2 station under threat as Sadiq Khan shelves vital upgrades

An extension of the Docklands Gentle Railway is also at possibility, the report concluded.

Crossrail 2, a proposed £40bn north-south line, and an extension of the Bakerloo tube line have by now been set on hold. 

Mr Khan experienced sought a £15.8bn long-expression funding deal to mend TfL’s funds and allow it to carry on with a collection of terribly required upgrades.

The authority, which is roughly twice as dependent on fare profits as very similar-sized metropolitan areas abroad, was hit challenging by the pandemic. It has by now acquired almost £4bn of taxpayer handouts.

But the Federal government alternatively presented £1.08bn to retain the Tube, trains and buses working until finally December. In return, Mr Khan agreed to evaluation the feasibility of driverless Tube trains, raise fares and reduce fees.

A spokesman for Transport for London explained: “We carry on to do the job with the Federal government on our lengthier expression funding so we can program efficiently for London’s upcoming. We are delivering transformative additions and enhancements throughout the transport community, such as completing the Elizabeth line, the Northern Line Extension, the extension of London Overground to Barking Riverside, new signalling on the Circle, District, Hammersmith & City and Metropolitan lines, and the Bank Station Up grade.

“Our Money Sustainability Approach, revealed in January this 12 months, sets out what we need to produce and outlines how long-expression funding certainty will help us to produce these economically and competently. However, the enhancement of new important initiatives, which are very important for decarbonisation, improving upon air quality and supporting new homes and work, is reliant on the consequence of conversations over our lengthier expression funding.”