Commenting on the funding agreement for Crossrail, Adam Tyndall, Programme Director for Connectivity at London First, said:
“Government has made the right move in providing further funding for Crossrail; getting it open will be critical to the post-pandemic recovery.
“But London will have to pay this loan back and that will divert the capital’s limited funds away from other essential upgrades.
“This deal is yet another example of the urgent need for a new long-term sustainable funding settlement for Transport for London, so that the capital can continue to invest in public transport and plan for the future.”
