Today, we urge Government to enable rapid progress towards the construction of Crossrail 2, an infrastructure project of national importance.
Crossrail 2 will make a difference to the whole country. Forty per cent of transport benefits will be outside London. Thirty per cent of the housing will be outside of London. Sixty thousand supply chain jobs and apprenticeships will be created across the UK. It will grow the national economy by up to £150 billion. London is already committed to meeting half the cost.
This will ease overcrowding on key rail lines from Portsmouth to Cambridge and will link with High Speed 2 (HS2) at Euston. This will transform journey times and connectivity from the Solent to the Wash, supporting 200,000 new homes and 200,000 jobs.
An already overcrowded regional transport network struggles to get people to work and fails to link them to accessible housing, threatening to stunt growth across the entire nation. Serious bottlenecks at nationally significant stations like Clapham Junction and Waterloo are already intolerable and, without Crossrail 2, the journey time benefits from HS2 will be lost in queueing at Euston.
We need to get people to work. Now is the moment for Government to find the Parliamentary time and show the world UK is open for business post Brexit.
Read the full press release from the Mayor of London’s office here.