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Crossrail project 'still has considerable risks'

There are still considerable risks in delivering a multi-billion cross-London railway programme by its target time of 2019, an influential group of MPs have concluded.

Crossrail engineers wait for the thousand tonne tunneling machine, Victoria, to break into the underground station at Whitechapel Credit: PA

The Public Accounts Committee (PAC) warned the £15.8 billion Crossrail project had been undersold by the Department for Transport (DfT).

As a result, the DfT had mixed success securing contributions from businesses and Heathrow Airport Ltd would now only provide £70 million - less than a third of the funding originally agreed.

Costing £14.8 billion, with the trains costing a further £1 billion, Crossrail will stretch from Reading in Berkshire to the west as far east as Shenfield in Essex and will transform cross-London train journeys.

However, PAC praised the project for being "broadly on schedule and delivered within budget"