Lower Thames Crossing
The question
To ask the Secretary of State for Transport, pursuant to the Answer of 22 January 2026 to Question 105302, whether the proposed primary legislation to enable the Regulated Asset Base model for the Lower Thames Crossing will be introduced before construction begins.
Answered by Simon Lightwood
Construction enabling works for the Lower Thames Crossing have commenced north and south of the River Thames. At Autumn Budget 2025 the Government committed a further £891m to complete the publicly funded works for the Lower Thames Crossing, the final tranche of government support to enable the private sector to take forward construction and long-term operation. The Government's preferred financing option at this stage is the Regulated Asset Base (RAB) model. New primary legislation is required to enable the RAB model to be utilised to deliver roads. We intend to bring forward legislation, when parliamentary time allows.
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