Prime Minister Gordon Brown has given the green light to the Crossrail
scheme to build a new railway link through the centre of London.
The
new link will provide 24 trains per hour from Maidenhead, Berkshire
through to Essex greatly improving services to Docklands, the West End
and the City.
Work is expected to start in 2010 creating around
30,000 new jobs with the first trains expected to be running in about
10 years.
The government has agreed to provide a third of the
funding with the balance being made up by borrowings against future
train fares and an increase in London business rates.