The long awaited £15 billion Crossrail project has been delayed by 9 months. The project was due for completion in December 2018 but has now been pushed back to Autumn 2019 and is £600m over budget. The news is disappointing for British businesses and commuters.
Once completed, Crossrail will give rise to a new East-West rail link across London. The Elizabeth line will be added to the tube network and will run from Reading in the West to Shenfield in the East and will run through the heart of London, stopping at Paddington, Bond Street and Liverpool Street amongst others. The new line will be good news for contractors as it will offer greater access to Reading and Heathrow airport via the tube network.