The sum, which covers fees for technical consultants, lawyers, financial advisers and officials working on the project, is a large increase on the figure of £100m-£130m previously mentioned by officials.
The amount covers what has been spent by the Department of Transport, London Underground and private bidding companies, but omits sums outlayed by the London mayor’s agency, Transport for London, which has run up legal costs as it challenges the scheme.
Current estimates of the total cost of the public-private partnership could total up to £11bn.
Leonard Curtis Business Solutions Group has opened a new office in Glasgow – the first Scottish office for the professional services provider
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal