Skip to content
Thursday 3 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,756.45
-0.30%
DAX
25,839.33
0.00%
CAC 40
8,280.63
0.00%
STOXX 50
6,362.15
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 03 March 2020 4:18 pm  |  Updated:  Wednesday 04 March 2020 3:05 pm

Crossrail 2 business case passes major Department for Transport hurdle

By: Stefan Boscia

Add as a preferred source on Google
The opening of London’s new Crossrail underground line has been delayed until 2022 and an extra £1.1bn is needed to complete the project, Crossrail Ltd said today.
.

The business case for Crossrail 2 has been given preliminary approval by the Department for Transport (DfT), bringing the project closer to a decision on its final fate.

The latest business case for the new north-south Tube line was submitted to the government by Transport for London (TfL) in June last year.

It includes details on an updated route for the line, expected to span from Surrey to Hertforshire, how it will be funded and how to avoid the delays and budget blowouts of Crossrail 1.

It is expected TfL would have to fund half of the project, with the other half coming from the Treasury’s coffers.

TfL said, in committee papers released this week, that the transport department has green lit the business case and will be considered in the government’s spending review later this year.

The transport body added: “The DfT commented on the high quality of the document and stated no further work is required on the [business case] at this time, and it could therefore be used to support a decision on the project at the next spending review.”

A DfT spokesperson told Morning Wire that the government is still reviewing whether to fund the project.

“There has been no final government decision on the project, its route or timeline for delivery,” they said.

“We continue to consider a business case for the project, but the government will need to see a realistic and achievable funding proposal.”

It comes after the government’s official infrastructure adviser, the National Infrastructure Commission, said last week that the project should get a funding guarantee this year.

Read more

Luton Airport expansion set for take-off after environmental challenge dismissed

Luton Airport aerial view with planes, runways, and terminal buildings, highlighting busy travel hub operations

However, problems surrounding Crossrail 1, which will be three years late and more than £3bn over budget, has thrown Crossrail 2 into some doubt.

Mayor of London Sadiq Khan said in January that extra money spent by TfL on Crossrail has likely delayed the opening date of Crossrail 2 before even getting government approval.

There has also been talk that the government’s plans to “level up” the rest of the country by investing in infrastructure in the North and the Midlands will mean projects like Crossrail 2 in London will be left on the shelf.

Adam Tyndall, infrastructure programme director at the advocacy group London First, said Crossrail 2 would benefit the whole country.

“The government must now use the upcoming spending review to accelerate the project,” he said.

“London is ready to pay its fair share of the costs and, in doing so, further contribute to levelling up the whole country.”

The London Assembly’s transport committee chair Navin Shah AM said: “We are glad to see TfL’s Crossrail 2 business case receiving a positive reception from the Department for Transport.

“This goes some way in making Crossrail 2 happen, but there is still a long way to go.

“A decision on the funding for this major infrastructure project in the Spending Review is urgently needed.”

Read more

Heathrow overtaken by Istanbul as Europe’s busiest airport

Commercial airplane landing at Heathrow Airport, seen from behind, with a prominent Heathrow sign below.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Transport & Infrastructure

Related Topics

  • London business

Trending Articles

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • Trio of firms poised to quit London Stock Exchange as exodus gathers pace

  • Easyjet’s over-60s recruitment push is economically necessary

  • Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham

  • ‘Large tax hikes on the way’: How the global bond rout is boxing in Healey

More from Morning Wire

  • Luton Airport expansion set for take-off after environmental challenge dismissed

    Transport & Infrastructure
    Luton Airport aerial view with planes, runways, and terminal buildings, highlighting busy travel hub operations
  • Heathrow overtaken by Istanbul as Europe’s busiest airport

    Transport & Infrastructure
    Commercial airplane landing at Heathrow Airport, seen from behind, with a prominent Heathrow sign below.
  • London doesn’t compete with other UK cities, it competes with global capitals

    Opinion
    London skyline with The Shard, Walkie Talkie, and Gherkin skyscrapers towering over residential buildings and autumn trees.
  • Hammersmith Bridge is a test for Burnham’s place-based growth

    Opinion
    Hammersmith Bridge closed in 2021 with fencing, banners, and traffic cones blocking access to the walkway.
  • Khan demands Burnham block Heathrow expansion over net zero

    Aviation
    Sadiq Khan, Mayor of London, in a white shirt, observing plants in a greenhouse or garden, surrounded by foliage.
  • The BBC shouldn’t push Londoners to accept antisocial phone behaviour 

    Opinion
    Passengers inside a graffiti-covered London Underground train car, some looking at phones, others observing the interior.
  • Magnolia Advanced Materials Launches Complete Advanced Materials Product Suite for eVTOL Manufacturers

    Business Wire
  • Uber launches ‘autonomous’ cabs in London

    Transport & Infrastructure
    Wayve autonomous car navigating Regent Street, showcasing cutting-edge self-driving technology in an urban environment
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook