NCE looks back on the year the banking world imploded, Heathrow Terminal 5 opened in chaos and Crossrail – described by former transport secretary Ruth Kelly as the biggest infrastructure project in the northern hemisphere – finally gained political approval and funding... July
Big news inJuly - the Crossrail Bill finally made it through Parliament taking it a step closer to construction.
The £15.9bn cross-London scheme stopped being a peripheral cause célèbre among engineers and rail enthusiasts. It is now a byword for the power of infrastructure to jolt the UK out of a painful economic downturn. Over the next few months it becomes the most often-quoted project in speeches by the Prime Minister and the Chancellor.