Major tube upgrades shelved as TfL struggles to balance books
by Gwyn Topham from Economics | The Guardian on (#44SFS)
Capital's transport authority faces shortfall due to Crossrail delays and government cuts
Plans to upgrade major parts of the London Underground will be put on hold after a decline in passenger numbers, government cuts and delays to the opening of Crossrail have left the capital's transport authorities struggling to balance the books.
Related: Delayed Crossrail could cost almost 3bn more than planned
Related: TfL facing near 1bn deficit next year after journey numbers fall
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