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Unfair funding plans for Crossrail

Series: Social Market Foundation Press Release ; 9 September 2004 (2)Publication details: 2004Subject(s): Summary: The funding of London's Crossrail project is in doubt after property industry leader dismissed one of Transport for London's proposed methods for meeting the costs as arbitrary and unfair. In "The role of property in financing infrastructure" by the Social Market Foundation, members of the British Property Federation from Tesco, Canary Wharf, FPD Savills and British Land argue that it would be impossible to implement a tax on the profits made on nearby property when railways were built. For the full report go to: http://www.smf.co.uk/site/smf/publications/roleofp roperty. http://www.smf.co.uk/site/smf/Members/bllewelyn/fo lder-news/roleofproperty
Holdings
Item type Current library Call number Copy number Status Barcode
Book London RICS Boxes WB4036-16 (Browse shelf(Opens below)) 1 Available 127490-1001

The funding of London's Crossrail project is in doubt after property industry leader dismissed one of Transport for London's proposed methods for meeting the costs as arbitrary and unfair. In "The role of property in financing infrastructure" by the Social Market Foundation, members of the British Property Federation from Tesco, Canary Wharf, FPD Savills and British Land argue that it would be impossible to implement a tax on the profits made on nearby property when railways were built. For the full report go to: http://www.smf.co.uk/site/smf/publications/roleofp roperty. http://www.smf.co.uk/site/smf/Members/bllewelyn/fo lder-news/roleofproperty