Tolling London’s Blackwall Tunnel could fund a new Thames crossing, according to business lobby group London First.
It has revived proposals for a toll to plug the spending gap faced by Transport for London and resuscitate stalled big ticket projects, such as the Silvertown crossing in Docklands.
The lobby group last made the suggestion in 2003, when it argued such a toll could raise £50M a year (NCE 10 April 2003).
London mayor Boris Johnson resurrected plans for a new road crossing between Woolwich and Silvertown in his draft transport plan, published last year.
“It’s time for Boris Johnson to look more creatively at ways of funding transport improvements.”
But this scheme is unfunded and has no detailed design (NCE 12 October 2009).
London First said tolling the tunnel could allow a new crossing to be completed within ten years.
“The next few years will see a dramatic tightening in public spending, so it’s time for Boris Johnson to look more creatively at ways of funding improvements to London’s transport infrastructure,” said London First chief executive Jo Valentine.
“Many European countries have tolls on bridges and motorways, and manage to modernise and extend their public transport and road networks. There ought to be some ideas which we could apply to meeting London’s needs,” she said.