Lower Thames Crossing: Finance

(asked on 2nd January 2026) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what milestones remain before the full funding package for the Lower Thames Crossing is confirmed.


Answered by
Simon Lightwood Portrait
Simon Lightwood
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 12th January 2026

The Chancellor committed a further £891m to complete the publicly funded works for the Lower Thames Crossing, the final tranche of Government support to enable the private sector to take forward construction and long-term operation.

There are a number of key activities to complete before the project is taken forward by investors, each with its own milestones. These activities include, for example, providing the project with the necessary legislative powers, enabling the appropriate regulation and devising and running a competitive process to attract investors whilst driving value for money for users. These will take place alongside the activities on the essential early works and utilities.

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