Rachel Reeves ponders private finance to help fund £9bn Lower Thames Crossing

Rachel Reeves ponders private finance to help fund £9bn Lower Thames Crossing

Infrastructure, London, Transport policy, Private finance initiative, UK news, Business, Transport, Investing, Financial sector, Kent, Essex, Public finance, Politics Business | The Guardian

​Chancellor looks at handing income from tunnel tolls to investors in UK’s largest infrastructure projectBusiness live – latest updatesThe Treasury is investigating how to attract private finance to bring down the cost of the UK government’s largest planned infrastructure project, the £9bn Lower Thames Crossing.Rachel Reeves’s department is considering handing over the income from tolls to a private consortium in return for a cash injection that would reduce the cost to the public purse. Continue reading… 

Chancellor looks at handing income from tunnel tolls to investors in UK’s largest infrastructure project

Business live – latest updates

The Treasury is investigating how to attract private finance to bring down the cost of the UK government’s largest planned infrastructure project, the £9bn Lower Thames Crossing.

Rachel Reeves’s department is considering handing over the income from tolls to a private consortium in return for a cash injection that would reduce the cost to the public purse.

Continue reading… 

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