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Government hands London mayor Sadiq Khan £350m loan for delayed Crossrail

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The government has given London mayor Sadiq Khan a £350m loan to maintain “full momentum” behind the delayed Crossrail project.

The financial help for the capital’s new railway was revealed in a written statement to parliament by transport minister Jo Johnson on Friday.

Earlier this year, it was announced the new £15bn route through central London will open almost a year later than planned.

Crossrail’s initial opening date was December this year, but its central section now won’t run until autumn 2019.

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