Prudent Crossrail financing to save London’s businesses £65 million - GLA
(breakingtravelnews.com news rail) - 10 months, 1 weeks ago
In a deal that will save London’s business rate payers some £65 million Mayor of London, Boris Johnson announced today that the Greater London Authority (GLA) had finalised a £600 million bond issue through a vehicle developed with Lloyds Bank Corporate Markets. The bond raises finance towards the GLA’s share of Crossrail’s £14.8 billion construction costs....
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