Question to the Department for Transport:

To ask His Majesty's Government which elements of the Euston Master Plan Development will be funded by (1) the private sector, and (2) the public sector; and which department will administer any public funding.

The Euston Development Masterplan is a joint Department for Transport and Network Rail project, with delivery contracted to a joint venture between Lendlease and The Crown Estate.

Public funding, administered by the Department for Transport, will support enabling works and contribute towards the costs of developing the masterplan. The majority of the project will be funded by the private sector, with the Department for Transport and Network Rail sharing in the value generated from development.