Crossrail faces GBP1 bn cut

摘要

Cuts of GBP1 bn (USD1.6bn) have been made to London's Crossrail project in a drive to bring down the total GBP15.9bn cost. The cuts will delay completion of the project by 12 months.As part of the recent Comprehensive Spending Review the UK government announced the funding available to the project had been reduced by some GBP1 bn and, thanks to savings found through a cost review, the project delivery cost was not expected to exceed GBP14.5bn.