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Lower Thames Crossing: Finance

Asked by James McMurdockIndependentDepartment for TransportTabled Answered 12 January 2026UIN 102590

The question

To ask the Secretary of State for Transport, if she will publish a full funding profile for the Lower Thames Crossing, including the split between plans for public and private funding.

Answered by Simon Lightwood

The Chancellor committed a further £891m at the Autumn Budget 2025 to complete the publicly funded works for the Lower Thames Crossing. This brings the total public investment to £3.1bn, including spend to date. The latest cost assured estimate for the project is c.£10.6bn. The Department will continue to publish information on committed public expenditure for the Lower Thames Crossing through official reporting mechanisms.

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