Question to the Department for Transport:
To ask His Majesty's Government how the Euston Development Company is funded; and how much, if any, of its funding will come from the public sector.
In April, the Euston Delivery Company (EDC) was established as the single directing mind for the Euston programme. Currently, the EDC team is operating as a business unit within the Department for Transport, with its activities funded via existing departmental arrangements. Further details on its future funding arrangements will be confirmed as the company is formally established as a public body, which is expected to take place in the Autumn.