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Crossrail meeting with Ruth Kelly – London First comment

Commenting on Crossrail, following this afternoon’s meeting with Ruth Kelly, Secretary of State for Transport, Baroness Jo Valentine, Chief Executive of business organisation, London First, said:

“There has always been wide agreement by business in London that it should pay towards Crossrail.  Business has long supported the scheme and called early on for discussions with Government on funding.  We are ready to help find a fair way for businesses to contribute to meeting this funding gap, but it will be a tough call to achieve all this in the timeframes being discussed.”

Notes to Editors

London First is a business membership organisation whose mission is to make London the best city in the world in which to do business. London First undertakes this by mobilising the experience, expertise and enthusiasm of the private sector to develop practical solutions to the challenges facing London. London First also seeks to persuade central and London government to make the investments that London needs in its infrastructure.

London First delivers its activities with the support of 300 of the capital’s major businesses in key sectors such as finance, professional services, property, ICT, creative industries, hospitality and retail. Membership also includes all of London’s higher education institutions as well as further education colleges and NHS hospital trusts. London First members represent 26% of London’s GDP.”

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