funding was in doubt, insisting the scheme was proceeding to the planned timetable.
part of our commitment to improving public transport access to Heathrow Airport,"
the airport operator said on Thursday. "We are working with the Department for
Transport and Crossrail about our contribution and the final amount will be subject
to regulatory approval."
and it was a matter of "crossing the Ts and dotting the Is". But another said
that BAA’s lack of clarification was "unhelpful".
The corporation said on Thursday it was still confident of collecting the full
sum because it had until 2016 to do so.
agreed last year.
Its funding includes £5.1bn from the Department for Transport, a further £2.7bn raised as debt and
£3.5bn will be raised through a levy on London’s businesses. Further billions will come from passenger fares.
for the Tories, warned on Thursday that the project could "slip" given the broader
economic downturn. "Don’t let anybody believe that there are not some serious
question marks over the project," he said.
only "limped" past the post at the end of last year. "As the economy slows it
is up to Gordon Brown to ensure that big firms do not abandon ship as the credit
crunch hardens," she said.
negotiations but said there were "absolutely no plans to revise the funding package".