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Thameslink announcement – London First response

Please find below comment from London First in response to today’s announcement on Thameslink.

For use immediately
Contact: 020 7665 1471

Baroness Jo Valentine, Chief Executive of business organisation London First, said:

“The Government has seen the light on Thameslink.  With overcrowding on the existing route already unmanageable, there can be no argument about the need for investment.  The Thameslink project could deliver real capacity increases by 2012, en route to a doubling of passenger capacity for journeys to and from Farringdon, Blackfriars and London Bridge, by 2015.  If London businesses are to continue to grow, contribute more in taxes and provide more new jobs, they need Government to invest in more transport capacity.  Investment in Thameslink, along with the long overdue Crossrail east-west London link, will go some distance to improving the capital’s rail network.”

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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