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.

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