Unique Funding Proposed for Northern Line Extension

Railway Technology

The proposed extension of the Northern Line of the London Underground is one of the major infrastructure projects heralded by the British Government in its recent budget. But will the unique funding scheme, under which a loan underwritten by government will be paid off by local businesses, succeed in the current turbulent economy?

http://www.railway-technology.com/features/featurepay-as-you-grow-funding-proposed-northern-line-extension/Read more...

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