LONDON transport bosses have passed the budget for the next 12 months at �9.2 billion. It includes completing major projects such as the East London Line extension, Jubilee Line upgrade, longer trains on the DLR and starting work on Crossrail stations
LONDON transport bosses have today passed the budget for the next 12 months at �9.2 billion.
It includes completing major projects such as the East London Line extension, Jubilee Line upgrade, longer trains on the DLR and starting work on Crossrail stations.
Some of the cash is earmarked by City Hall over the next 12 months for more buses and trains, following a pledge by Boris Johnson when fares shot up in January by as much as 20 per cent.
The 2010-11 budget agreed today by Transport for London’s Board includes capital investment as well as running costs, such as starting work on two Crossrail stations in the City and West End and bringing in new air-conditioned trains on the Metropolitan Line running from Aldgate out to the north-west Metroland’ suburbs.
The budget is being expanded to take in the East London Line reopening in April or May, after its extension north from Whitechapel to Dalston and south from New Cross to Croydon, now part of London’s new Overground orbital rail network, and running longer trains on the DLR from the City to the Isle of Dogs, Stratford, City Airport, Royal Docks and Lewisham.
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