Skip to content
Monday 31 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,824.26
+0.29%
DAX
26,258.11
-1.17%
CAC 40
8,334.50
-0.79%
STOXX 50
6,420.16
-1.01%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Wednesday 09 March 2016 12:01 am

London mayoral election 2016: Zac Goldsmith insists only he can deliver Crossrail 2 while Sadiq Khan launches manifesto with Dame Tessa Jowell

By: Lauren Fedor

Add as a preferred source on Google

Conservative mayoral candidate Zac Goldsmith has accused his Labour rival Sadiq Khan of being unable to deliver key infrastructure projects for the capital, on the same day that Khan launches his campaign manifesto.

According to Goldsmith’s campaign, £44.2m in investment has been committed to the Crossrail 2 project so far – just a fraction of City Hall’s latest estimate for the total cost of the project, which stands at £27.5bn.

Goldsmith said today – one week before chancellor George Osborne delivers his next Budget – that he would work “constructively with government” to secure additional Crossrail funding.

“Crossrail 2 is essential, not only to keep London moving, but to keep it growing too,” Goldsmith said. “But it needs money and a strong economy to make it happen, and by working constructively with the government I can make these vital works become a reality. A divisive politician like Sadiq Khan, who has shown no ability, or even willingness to work with this government can only offer unworkable experiments. With a £1.9bn black hole in his spending plans, he can’t deliver on the issues that are so vital.”

Khan, a former transport minister, has vowed not to increase fares before the end of the decade. But TfL has questioned Labour's costing of the fare freeze, saying in internal documents that Labour’s analysis does not take into account the impact Crossrail will have on passenger numbers.

Khan has said stopping fare increases will cost £450m over four years; TfL said the real cost will be £1.9bn.

But a Khan campaign spokesperson rejected Goldsmith’s claims today, saying: “Sadiq is 100 per cent committed to Crossrail 2. As the minister with responsibility for Crossrail 1, who steered the legislation through Parliament that generated a big share of the funding for the scheme, Sadiq knows precisely what it takes to deliver the big transport schemes London needs.”

Khan will launch his manifesto today at Level 39, a tech startup space in Canary Wharf, with a pledge to set up a new London data office. Khan’s campaign said the new office would “help public sector bodies to better design, target and implement their services, while making it easier to save money”.

A new Opinium poll out yesterday put Khan five points ahead of Goldsmith and ten points ahead in a hypothetical run-off.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Mead Johnson Welcomes Defense Verdict in Inman Case

  • Everest Publishes 2025 Global Loss Triangles

  • Angel’s Profits Grew Robustly in the First Half of 2026 with Europe and North America Turning Profitable Ahead of Schedule

  • Badenoch bets on experience as Griffith and Tugendhat claim shadow cabinet top spots

  • Sex Education star makes investment into women’s football vehicle

More from Morning Wire

  • 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
  • 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.
  • Cleverly announces bid to run for London mayor

    Politics
    James Cleverly has topped the latest MP ballot to take over as Tory leader, with rival candidate Tom Tugendhat being eliminated from the race.
  • 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
  • Burnham to hand mayors power to overrule local councils’ planning decisions

    Politics
    Andy Burnham speaking at a press conference, wearing a suit and tie, addressing current political issues in Manchester.
  • Can John Healey deliver Burnham’s make-or-break devolution agenda?

    Economics
    John Healey, in a red tie, speaking with Andy Burnham, wearing glasses and a dark blue jacket, outdoors.
  • Liverpool and LA Lakers deals set new bar for sport investment

    Sport Business
    Rows of yellow Lakers jerseys with 77 on seats in a dark basketball arena.
  • No 10 backs ‘vertical drinking’ in Soho pubs

    Hospitality
    Pub-goers 'vertical drinking'.
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