The cost of raising the cash to fund construction of Crossrail 2 could push the opening date for the north to south rail system back by decades.
Transport for London has confirmed that it is looking at various options for the £45bn rail line but a number of business groups have suggested that delays now could mean the network won’t be open until the 2040s.
The route from Surrey through central London to Hertfordshire was originally expected to be open in 2033 but a draft business case presented to the government by TfL is reported to state that construction could be spread over a longer period to ease funding issues.
TfL’s Crossrail 2 managing director Michele Dix said: “As agreed with the Department for Transport in July, we are working on a proposal to show how London could fund half of Crossrail 2 during construction. Options we’re looking at feature the majority of the railway opening in the early to mid-2030s, as originally planned.”
Nonetheless, TfL’s press office would not comment on – or deny – the claims that the opening could be delayed until the following decade.