News Blog for the Essex Rail Users Federation - www.eruf.org
Tuesday, 8 September 2009
Crossrail Gets £1bn Loan
The Crossrail project which will see trains running between Maidenhead in Berkshire through to Shenfield, has received a £1bn loan from the European Investment Bank. The loan to Transport for London (TfL) will go towards the £16bn overall cost of which £7.7bn has to be raised by TfL and the Greater London Authority.