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Government accepts the need for Crossrail 2, says London mayor

The Treasury is in principle supportive of the proposed Crossrail 2 scheme, London mayor Boris Johnson said yesterday.

Speaking at the FT ArcelorMittal Boldness in Business Awards in London last night, Johnson said that the government’s current emphasis on infrastructure was “absolutely right” and that the Treasury “also accepts the need for Crossrail 2”.

He added that to accommodate the 1M additional people projected to live in London by 2021 transport infrastructure would have to be built, including coming up with a solution to the Capital’s aviation needs, either through expansion of Stansted airport or by building one of the two proposed island airport schemes in the Thames Estuary.

The Boldness in Business Awards at the Royal Institute of British Architects recognised firms that demonstrated entrepreneurial risk-taking and innovation. The winners were , Person of the Year: Ivan Glasenberg, chief executive, Glencore; Driver of Change: Mondragon Corporation; Emerging Markets: Mahindra & Mahindra; Corporate Responsibility: Narayana Hrudayalaya Hospitals; Technology: 3DSystems; Smaller Company: GoPro; Entrepreneurship: SoftBank. Nominations included fracking firm Continental Resources, Chinese construction equipment firm Sany Heavy Industry and carbon capture chemical engineering firm Skyonic.


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