Extra £160m Crossrail taxpayer bill
%VIRTUAL-SkimlinksPromo%The taxpayer will have to cover a £160 million shortfall in private-sector funding for London's Crossrail project after the Department for Transport (DfT) failed to secure the expected contribution from Heathrow Airport, a new report has revealed.
But the report from spending watchdog the National Audit Office (NAO) said the DfT has set aside a large enough contingency fund to cover the missing cash, and found that taxpayers' interests had been "well protected" on a project which is "on course to achieve value for money" and to be fully open by its 2019 delivery date.