Key facts

£14.8bn

funding agreed for Crossrail in 2010, including contingency

 

£17.6bn

current total funding package for Crossrail, including contingency, an increase of 19%. As at March 2019 Crossrail Ltd expects the overall programme to cost around £17 billion

 

£2.8bn

increase in available funding for the Crossrail programme to cover cost increases and remaining risks

 

October 2020 to March 2021

revised target period for opening services on the central section of the Elizabeth line

Yet to be announced

opening date of full Elizabeth line services

December 2018

date, announced in 2010, when the Crossrail sponsors and Crossrail Ltd expected to start running services on the central section of the railway

£600 million

assumption in 2018 Transport for London's (TfL's) business plan of revenue losses to between 2019-20 and 2023-24, as a result of delays to the opening of Crossrail services. To be reviewed in line with opening dates announced on 25 April 2019.

£2.5 billion

increase in the cost of contracts between 2013 and 2018 due to design and contract changes

£2.05 billion

value of loans from HM Government to London, including £1.3 billion to the Greater London Authority and £750 million as contingency to TfL to cover the increased cost of Crossrail