Search

Firms outside London must help pay for Crossrail, Boris is told

PUBLISHED: 12:16 10 December 2009 | UPDATED: 15:22 05 October 2010

LONDON Assembly members are calling for businesses outside London to help pay towards the £16 billion Crossrail super tube’ project. Firms along the route “should pay their fair share” to keep the scheme on track’ to open by 2017, they told Boris Johnson

By Mike Brooke

LONDON Assembly members are calling for businesses outside London to help pay towards the £11 billion Crossrail super tube’ project.

Firms along the route “should pay their fair share” to keep the scheme on track’ to open by 2017, Assembly Member Steve O’Connell told Boris Johnson in yesterday’s transport plenary session at City Hall.

“Areas outside London will benefit from having Crossrail stations,” he said. “But they will pay absolutely nothing towards it.

“I want fairness on the funding. Businesses along the route should not be allowed to freeload’ on money paid by London firms. They should pay a supplementary business rate too.”

The Mayor had already raised the issue in high-level Crossrail meetings, the Assembly heard, and promised “not to let the matter rest.” He would be making further representations to the Government.

London businesses with a rateable value above £50,000 pay a supplementary rate of 2p-in-the-£ from April, expected to last 25-30 years raising £3.5 billion, around a-third of the investment needed.

Planned Crossrail stations outside London are at Maidenhead, Taplow, Burnham, Slough, Langley and Iver to the west, Brentwood and Shenfield to the east. The line through London, most of it running deep under ground, will link Heathrow Airport directly with the City, West End, East End, Canary Wharf, Stratford and Abbey Wood.


If you value what this story gives you, please consider supporting the East London Advertiser. Click the link in the orange box below for details.

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad, serving as your advocate and trusted source of local information. Our industry is facing testing times, which is why I’m asking for your support. Every single contribution will help us continue to produce award-winning local journalism that makes a measurable difference to our community.

Thank you.

Most Read

Most Read

Latest from the East London Advertiser