EIB loans TfL £1bn

LONDON TRANSPORT

18 September 2015
 

EUROPEAN Investment Bank (EIB) has agreed to provide £1bn for investment in the London transport network. The 35-year loan will support a range of major projects, including significant upgrades by Transport for London at Victoria and Bank Tube stations.

As well as transforming Victoria Tube station, the EIB loan will enable quicker and easier access for passengers changing between Bank and Monument stations, the fourth busiest interchange on the London Underground network, the bank says....

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