Elizabeth Line will ‘boost London’s economy’, says Sadiq Khan

Mr Khan said the line, which is due to open on Tuesday, will provide a £42billion boost to the UK economy and create “hundreds of thousands” of jobs.

“I am delighted that the Elizabeth line opens on Tuesday – it is a great moment, not just for London but for the whole country, and particularly in this special Jubilee year,” he said in a statement on Sunday.

“This is the most significant addition to our transport network in decades and I’m sure passengers will appreciate the modern trains, beautiful step-free stations and short journey times across the capital and the south. -is.”

He added: “It’s more than just a new railway – the Elizabeth line will help speed up our recovery from the pandemic, delivering a £42bn boost to the UK economy and hundreds thousands of new homes and jobs.”

The mayor’s office said 62% of contracts for the line had been awarded to companies outside London.

They also predict that the new alignment will create some 90,599 new homes.

Transport for London (TfL) released a new Tube map on Thursday with the Elizabeth line included for the first time.

The line runs from Reading in Berkshire and Heathrow Airport in West London to Shenfield in Essex and Abbey Wood in South East London.

It is named in honor of the Queen, who visited Paddington Station on Tuesday to mark the completion of Crossrail.

Crossrail, the project to build the new east-west railway, has been delayed and over budget due to numerous issues including construction difficulties and complications in installing signaling systems.

It was due to be completed in December 2018 and had a budget of £14.8 billion in 2010.

The total cost was estimated at £18.9 billion, including £5.1 billion from the government.

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