PracticeAccounting FirmsTop accountant welcomes Crossrail plans

Top accountant welcomes Crossrail plans

Plans to introduce the Crossrail train linking east and west London have been welcomed by Ian Barlow, KPMG senior London partner and chairman of the London Business Board.

Link: Profile: Neil Wood, Olympic bid FD

Barlow’s comments follow the announcement, by transport secretary Alistair Darling, that he will introduce a bill to authorise construction of Crossrail.

Crossrail is also a key part of the London 2012 Olympic bid.

He said: ‘Crossrail is of crucial importance. It is essential for London’s continued competitiveness and economic growth, which will benefit the UK as a whole. Time is now short if a Bill is to be introduced next session.

‘We therefore look to central government, in the form of the Department for Transport and the Treasury, and regional government represented by the Mayor of London and Transport for London to start discussions with the business community as a matter of urgency.’

Crossrail was also welcomed by Jo Valentine, chief executive of London First, by Mary Rance, director of the CBI’s London region and by Colin Stanbridge, chief executive of the London Chamber of Commerce and Industry.

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