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What the papers say - FINANCIAL TIMES

News stand

London mayor Ken Livingstone has requested another £150M from the Department for Transport to carry out value engineering on the design for London's east-west Crossrail scheme. The money is on top of £300M already spent on feasibility work.

Multiplex boss John Roberts has personally assured the government that it will finish Wembley stadium on time in January - contrary to the firm's announcement last month that the completion date had slipped by three months to 31 March.

Multiplex has a £326.5M fixed-price contract to build the stadium.

BP and Scottish & Southern Energy are to build the first hydrogen power plant in the UK in Peterhead, Scotland. The plant converts natural gas into hydrogen and carbon dioxide and will generate enough electricity to supply 250,000 homes. The carbon dioxide waste will be buried in depleted gas fields under the North Sea.

Developer the Beetham Organisation plans to build a 60 storey residential tower near Blackfriars Bridge, south London. The tower could compete with Irvine Sellar's Shard of Glass at London Bridge and DIFA's Bishopsgate Tower as Britain's tallest.

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