Scottish taxpayers to pay more than £300 million to share cost of Lower Thames Crossing and IFS doubts we’ll get anything for it through Barnett formula
In the Guardian today: 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. https://www.theguardian.com/business/2026/jun/08/extra-cash-spiralling-lower-thames-crossing Do Scots pay 8% of the cost … Continue reading Scottish taxpayers to pay more than £300 million to share cost of Lower Thames Crossing and IFS doubts we’ll get anything for it through Barnett formula
