Press Release
TfL agrees £1bn loan for Crossrail from European Investment Bank
September 8 2009
Business Group London First welcomed TfL's confirmation of a £1bn loan from European Investment Bank to support the financing of Crossrail.
London First Chief Executive, Baroness Jo Valentine said:
"The European Investment Bank has seen the value of the Crossrail project to the long term wellbeing of London, Europe's leading world city. The economic potential unleashed by Crossrail will support regeneration of the Thames Gateway and a wider sharing of the benefits of London's success."
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