Around £20m of revenue could be lost due to delays in opening Crossrail, leaders in transport said.
At a London Assembly meeting on Thursday, transport bosses claimed £20m in revenue for TfL could be lost in the upcoming financial year due to the pushback of opening the system— however they noted it was still too early to confirm the full impact of the delay.
Last week it was announced that Crossrail would be delayed by at least nine monthsas leaders of the project noted that “further time is required” for testing, frustrating rail users and politicians across the UK.
In July it was revealed that Crossrail had gone £600m over budget.
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