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Crossrail gets City backing
INFRASTRUCTURE investments such as the long-awaited Crossrail project, for which construction began last Friday, have a positive impact on the City, a survey out today will show.
The data from City law firm Pinsent Masons shows that 77 per cent of the City think such investments will enhance London’s competitiveness and attractiveness as a business centre. The data will ruffle the feathers of Crossrail sceptics, who say the £16bn high speed rail project does not have secure funding, and won’t solve London’s transport issues.