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MTR wins £1.4bn Crossrail project

The £1.4bn contract to run the Crossrail service through London from 2018 has been awarded to Hong Kong-based MTR Corporation, Transport for London (TfL) announces.

CBI questions Labours rail intervention

John Cridland, head of the business lobby, has said the private market is working and asked: ˜What is the current system not delivering?

Saturday, 19 July 2014

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  • MTR wins £1.4bn Crossrail projectThe £1.4bn contract to run the Crossrail service through London from 2018 has been awarded to Hong Kong-based MTR Corporation, Transport for London (TfL) announces.

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  • Railway users must use busesPassengers will be without a rail service this summer as part of electrification upgrades to the railway line.

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  • Crossrail operator named by TfL TRANSPORT FOR LONDON has announced its intention to award the concession to operate Crossrail services to MTR Corporation (Crossrail) Limited. The £1.4 billion contract will be for eight years, with an option to extend to ten years. MTR operates the Hong Kong metro and is also a partner with DB on the present London Overground concession. Transport secretary Patrick McLoughlin said: œThis is great news for passengers across the capital and marks a significant milestone in the project.

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