Response to Transport for London’s consultation on river crossings in east LondonFebruary 6, 2012
Commenting on Transport for London’s consultation on a proposed package of river crossings in east London
Baroness Jo Valentine, Chief Executive of London First, said:
“In the long run, we will probably need crossings at both Silvertown and Beckton to support economic growth in east London, but for now what’s required in boldness and creative thinking around funding, including the option to toll. The Mayor should consider all options for financing these schemes – particularly as the private sector has shown a strong appetite and capability to finance, deliver and maintain new road infrastructure.”
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Notes to editors
London First is a business membership organisation with a mission to make London the best city in the world in which to do business. London First undertakes this by mobilising the experience, expertise and enthusiasm of the private sector to develop practical solutions to the challenges facing London. London First also seeks to persuade central and London government to make the investments that London needs in its infrastructure.
London First delivers its activities with the support of the capital’s major businesses in key sectors such as finance, professional services, property, ICT, creative industries, hospitality and retail. Membership also includes further education colleges and all of London’s universities. London First members represent over a quarter of London’s GDP.