Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      The next person to shop your store may not be a person at all

      AI shopping agents are rewriting the rules of online retail across North America

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Cohere's Aidan Gomez bets the house on 'sovereign AI' with Aleph Alpha merger valuing the group at $20bn

      Cohere CEO Aidan Gomez on stage discussing the Toronto AI lab's strategy

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Moonvalley's Naeem Talukdar is selling Hollywood the one thing rival AI video tools cannot: legal cover

      Moonvalley's Marey AI video model produces Hollywood-grade footage trained on licensed data

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 26 March 2014 5:13 pm

London will come to a standstill if we delay Crossrail 2

By:

Add as a preferred source on Google

LONDON will start grinding to a halt if Crossrail 2 – the proposed new north-south rail line for the capital – isn’t built by 2030.

That’s why London First, the business promotion body, has recommended a firm plan for Crossrail 2, including significant property developer contributions so that London could directly pay for a large part of it. The mayor and the government have yet to respond. They need to act now, so that Crossrail 2 can be planned and built as the successor to the Crossrail 1 east-west line, which opens in four years’ time.

Why Crossrail 2, running in a tunnel from Wimbledon to Hackney, and connecting to existing suburban rail lines at each end? Because it transforms public transport capacity on the north-east to south-west London corridor, essential to relieving congestion and opening up regeneration zones for new housing as London’s population heads towards 10m – from today’s 8.2m – by the early 2030s. 

Crossrail 2 relieves a string of congested central London rail stations and termini, including Clapham Junction, Waterloo, Victoria, King’s Cross, St Pancras and Euston. It also eases the most congested sections of the Victoria, Piccadilly and Northern lines, and transforms both capacity and journey times for the large and vital commuter-land of south-west London – including Wimbledon, Kingston, Surbiton and Twickenham.

Passenger numbers on the Tube have increased by 40 per cent in the past 15 years alone, surging by more than 10 per cent even since the 2008 financial crisis. The equivalent of the population of Manchester now rides the Tube each day.

Try getting on the Northern Line in Clapham at 8am today. It is so congested that some commuters have started taking the bus further south so they can get on. Before long, stations will be closed periodically because of overcrowding.

Crossrail 2 will also unlock significant new housing – desperately needed, as barely a third of the new homes required each year are being built in the capital.

In north-east London, Hackney, Tottenham and Alexandra Palace are prime sites for regeneration and new housing, once they are connected to central London with reliable, high-capacity rail links. Just look at the success of the London Overground, the orbital line which serves Stratford, Hackney and Islington, since it launched in 2007. It is already congested in rush hours. Tens of thousands of new houses could be built on the back of Crossrail 2, and part of its funding should come from capturing the increase in land values.

The key point is to plan Crossrail 2 in conjunction with large-scale housing. Crossrail 1 is projected to add more than £5bn to property values along its route, only a fraction of which is being captured to support the cost of the line.

But Crossrail 2 requires political leadership. Railway lines can’t be built spontaneously by the private sector. We need agreement on a route, a funding deal and a construction timetable – now.

Lord Adonis was transport secretary in the last government, and chaired London First’s Crossrail 2 Task Force.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Related Topics

  • Crossrail

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • London Tech Week sums up everything wrong with UK tech

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • Inflation expectations at record high in interest rates signal

More from CityAM

  • Challenge Cup: Wigan Warriors chief slams Network Rail over train chaos

    Sport Business
    Business professionals collaborating in a modern office setting, discussing financial strategies and reviewing data on dig...
  • Upgrading the grid risks ending up like HS2

    Opinion
    Electricity grid infrastructure with high-voltage power lines and pylons under a clear sky, representing energy distribution.
  • ‘Defining moment’: UK’s largest train operator enters public ownership

    Politics
    The Arterio trains are five years behind schedule due to a protracted dispute with unions over its safety, and a number of seperate faults.
  • North Highland Names Anthony Shaw Global Chief Executive Officer

    Business Wire
  • ZayZoon, the Calgary fintech born on a fishing boat, posts 1,487% growth as earned wage access goes mainstream

    ZayZoon co-founder Tate Hackert built the Calgary fintech around earned wage access
  • Music venues are in dire straits: V&A show asks how we can help

    Life&Style
    Virginia state capitol building with clear blue sky, highlighting its neoclassical architecture and lush surrounding greenery
  • Botpress raises $25m as Quebec's Sylvain Perron pitches his startup as the 'infrastructure layer' for AI agents

    Botpress product UI: the Quebec startup pitches itself as the infrastructure layer for enterprise AI agents
  • FluidAI wins US FDA clearance for its surgical monitor as Waterloo's Youssef Helwa targets 100,000 operations

    FluidAI's Origin surgical monitor wins FDA clearance for use in US hospitals
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited