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London's Crossrail Could Cost an Extra £650 Million, Delayed Again

In the News

London’s Crossrail project running from Heathrow Airport to the Canary Wharf financial district could cost an extra 650 million pounds and not open until 2021, more than two years behind schedule, Transport for London said.

The $23 billion (£18 billion) Elizabeth Line, billed as Europe’s most ambitious infrastructure project, has been repeatedly delayed by problems with safety testing and the completion of signalling work.

Transport for London said on Friday it had now been notified that the line would be delayed further, and that its cost could rise to 18.3 billion pounds.

“We are doing everything we can to complete the Elizabeth Line as quickly as we can but there are no short-cuts to delivering this hugely complex railway,” Crossrail CEO Mark Wild said.

“The Elizabeth Line must be completed to the highest safety and quality standards.”

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