(5 years, 10 months ago)
Commons ChamberWill my right hon. Friend the Secretary of State update the House on when he expects Crossrail to start running? What investigation has been carried out into the scandal of its finances and budget and the overspending that has taken place?
The new management team at Crossrail is working through the project and will be advising everybody next month, I think, as to when there will be a target opening date. I do not think that information will come soon enough—I know that Londoners, including those represented by my hon. Friend, are hungry for it—but the scheme will be fantastic for London and the rest of the country when it opens. On the financial performance, the budget is managed by Transport for London, and the London Assembly has done some investigation work. In terms of the Department’s role, TfL and the Mayor came to the Department seeking a loan to help with the delivery of the project, and we were happy to help them. A further £2.1 billion has been made available, and that should be enough to see the project through to completion.
(6 years, 2 months ago)
Commons ChamberTfL’s finances are a matter for the Mayor of London, and Crossrail is a 100%-owned subsidiary of TfL. It is becoming clearer how the Mayor’s policies are causing long-term problems with TfL’s finances, but the Government will continue to work with TfL as joint sponsors to oversee Crossrail’s delivery of the new railway as soon as possible.
What discussions has my hon. Friend had with the Mayor of London about the funding that the Department for Transport provides to London for Crossrail?
I know that the conversations involving the Secretary of State are extensive. I have not personally had any yet, as this is day 6, but I intend to pick up on those conversations in order to support my right hon. Friend the Secretary of State.