UK The cross-London Crossrail project on Tuesday secured its first committed private-sector financing when the owner of Heathrow Airport announced it would put £230m towards the project’s £15.9bn cost.
In return for the money, the Department for Transport promised BAA the airport would be served by four trains an hour for most of the day on the route, which will link Heathrow and Maidenhead in the west with Abbey Wood and Canary Wharf in the east. The service will replace the existing, four-times-an-hour Heathrow Connect stopping service from London Paddington, while the non-stop Heathrow Express service will continue.
