A plan to extend the Metropolitan Line to Watford Junction has stalled because the estimated cost has risen by more than £50m.
London Underground Ltd (LUL) took over responsibility for delivering the already troubled project from Hertfordshire County Council in 2015 in a deal brokered by the DfT (LTT 20 Mar 15). The deal set a budget of £284.4m for the project, with LUL bearing any costs above that, and retaining any savings if it was delivered for less.
LUL set a target opening...
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