Skip to content
Saturday 15 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 05 December 2018 4:49 pm  |  Updated:  Monday 03 June 2019 2:43 am

Crossrail boss Terry Morgan resigns after Sadiq Khan spat

By: James Warrington

Add as a preferred source on Google

The chairman of Crossrail and HS2 has resigned from both roles following a dispute with mayor Sadiq Khan over delays and spiralling costs.

Terry Morgan admitted last week he expected to be sacked amid rising costs and opening delays to both the Crossrail and HS2 projects.

Morgan, who has led Crossrail for almost a decade, has been embroiled in a public spat with mayor Sadiq Khan over the new London train line.

The railway boss told the BBC last week he was in “absolutely no doubt” that Khan was made aware of the delay to the project in July.

But Khan insists that while he was aware of rising cost pressures in July, he was not told until the end of August that the opening would be delayed until autumn 2019.

Khan today accepted the chairman’s resignation, thanking him for his service to the project.

“For a while now I have had concerns about the effectiveness of Crossrail’s governance,” he said in a statement.

“Not only was I angry when Crossrail informed us that the project would be delayed, but historically there has been a lack of adequate information shared by the senior Crossrail leadership with the project’s joint sponsors, namely the department for transport and Transport for London.”

In addition to the nine-month delay, Crossrail is running £600m over budget. HS2, the high-speed railway linking London, the West Midlands, Leeds and Manchester, is also expected to exceed its £56bn budget.

The National Audit Office (NAO) has announced it will launch an investigation into the handling of Crossrail, also known as the Elizabeth Line.

Transport secretary Chris Grayling said: “Sir Terry has been an integral part of Crossrail for almost a decade and I would like to thank him for his dedication and the expertise he brought to the role.

“I am also grateful to him for his work as chair of HS2.”

The department of transport said Allan Cook, former chair of engineering firm Atkins, will take over as chairman of HS2. It has not yet named Morgan’s successor at Crossrail.

 

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Transport & Infrastructure

Related Topics

  • Crossrail
  • People
  • Sadiq Khan
  • Transport for London

Trending Articles

  • Revolut takes flight with launch of new airport lounges

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

More from Morning Wire

  • Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor 

    Politics
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • West Ham: Staveley receives Sadiq Khan encouragement to buy London Stadium

    Sport Business
    Low-angle view of a football stadium from the pitch, showing the corner marking and empty seats under a blue sky
  • Sadiq Khan’s London plan is not nearly ambitious enough

    Opinion
    The Mayor of London, Sir Sadiq Khan, has this morning announced a £1.4m cash injection for community sport across the capital.
  • No air conditioning on the Tube? Blame Sadiq Khan

    Opinion
    Crowded London Underground platform during summer heat wave, passengers fanning themselves to stay cool
  • Why did Pinterest choose Oxford Street for its new HQ?

    Opinion
    Gregory Owens and Sadiq Khan, London Mayor, stand smiling in a gallery with various framed images.
  • Sadiq Khan urges tougher Ofcom action as UK prepares social media ban rules

    Tech
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • Mayor gives green light for 4am Joshua vs Fury fight at Wembley

    Sport Business
    Business professionals in a meeting analyzing financial data on laptops, highlighting corporate strategy and decision-making.
  • Row erupts over Tory plan to stop Soho pub goers standing up 

    Hospitality
    Bustling Soho street scene with vibrant storefronts, diverse pedestrians, and iconic London architecture under clear skies
MorningWire

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

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

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