Lower Thames Crossing: Finance

(asked on 7th July 2025) - View Source

Question to the Department for Transport:

To ask His Majesty's Government what progress they have made in securing funding under a private finance initiative or similar model for the Lower Thames Crossing.


Answered by
Lord Hendy of Richmond Hill Portrait
Lord Hendy of Richmond Hill
Minister of State (Department for Transport)
This question was answered on 21st July 2025

The Government is providing £590m of capital funding to progress work on the Lower Thames Crossing. The Government is looking to bring private sector finance and expertise into this project, and further work will now be undertaken with the private sector to design a long-term funding model which delivers value for money for the taxpayer.

Reticulating Splines