Business leaders call on Government to deliver on Crossrail 2

17 March 2017
  • More than 70 business leaders hail Crossrail 2 as being of national importance
  • Project to grow UK economy by up to £150billion
  • 200,000 new homes and 200,000 jobs supported

Business leaders from across the South East today (17 March) urged the Government to make delivering Crossrail 2 a priority for the good of the whole country.

In a letter to the Chancellor, Philip Hammond, and Transport Secretary, Chris Grayling, more than 70 business leaders, including at EY, Deloitte, Aviva Group, Gatwick Airport, Heathrow Airport, Canary Wharf Group, FSB Surrey & West Sussex, and Surrey, Essex, Hertfordshire, Hampshire, and Cambridgeshire Chambers of Commerce hailed the infrastructure project as being of national importance.

They highlighted that the new railway will not just benefit London but bring economic benefits right across the South East and the rest of the UK, boosting the economy by up to £150bn.

But they also warned of the dangers of delay, saying that the current overcrowded rail network is threatening to stunt growth across the entire nation. They explained that bottlenecks at stations are already intolerable for commuters and that some of the benefits of the new High Speed 2 (HS2) would be lost by passengers having to queue at Euston without Crossrail 2.

Crossrail 2 will transform journey times and connectivity from the Solent to the Wash. It will relieve congestion on the overcrowded key rail lines from Portsmouth to Cambridge, and link with HS2 at Euston. It will also relieve pressure on the Underground, as the population of London and the South East grows.

It will support some 200,000 new homes and 200,000 jobs, and generate 60,000 supply chain jobs across the UK, including 18,000 apprentices.

It will support and advance the UK’s engineering, construction and manufacturing sectors. This will include potentially more than £1bn to the West Midlands economy, more than £900m to Yorkshire and Humber, more than £750m to the North West, up to £170m to the Scottish economy, and many more millions across the UK.

This would create new opportunities for investing in skills and jobs – as Crossrail has done across the country. It will also open up areas for growth and new jobs, including in the Cambridge-Stansted corridor and in the south west of London.

London has already committed to meeting half the cost – unlike other nationally significant projects that do not receive such levels of local funding.

The business leaders told the Chancellor and Transport Secretary that now is the moment for the Government to find Parliamentary time for Crossrail 2 and show the world that the UK is open for business post Brexit.

Yolanda Rugg, Chief Executive of the Hertfordshire Chamber of Commerce said: “Crossrail 2 is a hugely important scheme for Hertfordshire; it will drive growth and boost jobs in the London Stansted Cambridge Corridor as well as supporting vital new housing. Hertfordshire businesses urge the government to give this project the green light now.”

Geoff French, Enterprise M3 Chair said: "The major benefits from Crossrail 2 extend all the way along the M3 corridor, through Surrey and down to Hampshire. Rail passengers are already experiencing overcrowding on the South West Mainline into Waterloo on a daily basis that is stunting economic growth in the Enterprise M3 LEP. Crossrail 2 is the only scheme being planned that can provide the necessary capacity and connectivity to boost our regional economy that is so crucial to the Government’s new Modern Industrial Strategy."

Caroline Artis, Senior Partner for London, EY:  “As a major nationwide employer, we rely on good infrastructure to get our employees to work and unlock areas to give them access to better housing. Crossrail 2 will allow 270,000 more people to get into central London in the morning peak while also supporting large swathes of housing development. Crossrail 2 is a priority project and it must not be delayed if the UK is to stay on course for a global future outside the EU.”

Helen Clark Bell, Chief Executive of LoveWimbledon, said: "Wimbledon is the country’s 21st busiest station and has been operating at over capacity for many years. Crossrail 2 is the only single infrastructure project which will not only keep Wimbledon’s transport offer from buckling over the next fifteen years, but also catalyse improvement and development of Wimbledon Town Centre. The prolonged uncertainty over Crossrail 2 is potentially damaging to Wimbledon’s business economy. We need a decision on this scheme so that businesses have the certainty they need to invest in this important economic centre."

Kirsten Henly, Chief Executive, Kingston First: “Kingston attracts tens of thousands of visitors and workers a day, due to its thriving centre for business with a strong retail and cultural offer. Its strong residential population also makes it a major connector to the central London workforce. This population, and the town, is set to grow dramatically over the coming years and will, therefore, impact on the already stretched rail networks. Crossrail 2 is a priority project which will dramatically improve connections into London and this is vital for attracting investment, jobs and enhancing connectivity with central London, Surrey and the wider South West.”

The Mayor of London, Sadiq Khan, said: “This is yet more evidence of just how important Crossrail 2 is to the UK. Business leaders know it will bring hundreds of thousands of jobs and housing, and transport benefits right across the South East, as well as boosting the economy in all corners of the country. Despite the project benefiting the whole of the UK, London has actually met half the funding cost. What we now need is for the Government to take note of these benefits and give us the green light to progress, for the good of the entire country.”

Crossrail 2 would connect National Rail networks in Surrey and Hertfordshire with an underground tunnel beneath central London between Wimbledon and Tottenham Hale and New Southgate.

It would enable 270,000 more people to enter central London every morning at peak time. Without the much needed additional capacity Crossrail 2 provides, mainline stations will continue to face overcrowding and delays.

TfL has submitted an updated business case and funding plan to the Transport Secretary‎, who is due to make a decision in the spring on further Government support. Construction could start in the early 2020s and the railway could be operational by 2033.

Notes to editors

  • Benefits to the economy, jobs and housing calculated by analysis from Crossrail 2
  • The letter from business leaders:

Dear Chancellor,

Today, we urge Government to enable rapid progress towards the construction of Crossrail 2, an infrastructure project of national importance.

Crossrail 2 will make a difference to the whole country. Forty per cent of transport benefits will be outside London. Thirty per cent of the housing will be outside of London. Sixty thousand supply chain jobs and apprenticeships will be created across the UK. It will grow the national economy by up to £150 billion. London is already committed to meeting half the cost.

This will ease overcrowding on key rail lines from Portsmouth to Cambridge and will link with High Speed 2 (HS2) at Euston. This will transform journey times and connectivity from the Solent to the Wash, supporting 200,000 new homes and 200,000 jobs.

An already overcrowded regional transport network struggles to get people to work and fails to link them to accessible housing, threatening to stunt growth across the entire nation. Serious bottlenecks at nationally significant stations like Clapham Junction and Waterloo are already intolerable and, without Crossrail 2, the journey time benefits from HS2 will be lost in queueing at Euston.

We need to get people to work.  Now is the moment for Government to find the Parliamentary time and show the world UK is open for business post Brexit. 

Yours sincerely,


Job title


Simon Pitkeathley

Chief Executive

Camden Town Unlimited, Euston Town and Camden Collective

Alasdair Reisner

Chief Executive

Civil Engineering Contractors Association

Geoff French


Enterprise M3 LEP

Stewart Dunn

Chief Executive

Hampshire Chamber of Commerce

Louise Punter

Chief Executive

Surrey Chamber of Commerce

Denise Rossiter

Chief Executive

Essex Chamber of Commerce

Yolanda Rugg

Chief Executive

Hertfordshire Chamber of Commerce

John Bridge

Chief Executive

Cambridgeshire Chamber of Commerce

Sue Terpilowski

Policy Chair

FSB London

Sue Towner

Regional Vice Chair

FSB Surrey & West Sussex

Colin Stanbridge

Chief Executive

London Chamber of Commerce and Industry

Helen Clark Bell

Chief Executive


Stewart Wingate

Chief Executive Officer

Gatwick Airport Ltd

Andrew Cowan

Chief Executive Officer

Stansted Airport

Russ Shaw



Paul Harvey

Managing Partner

Morrisons Solicitors LLP/Chair - LoveWimbledon BID

Christine Lovett

Chief Executive

Angel.London BID

Ruth Duston

Chief Executive

Victoria BID, Hatton Gardens BID, Northbank BID, Cheapside BID, Old Street Partnership, The Aldgate Partnership

Miles Celic

Chief Executive Officer


Julian Bird

Chief Executive

Society of London Theatre and UK Theatre

Kirsten Henly

Chief Executive

Kingston First

Joyce Lorigan


Urban Partners

Bernard Donoghue

Chief Executive

Association of Leading Visitor Attractions (ALVA)

Graham Buck


FSB Bedfordshire Cambridgeshire and Hertfordshire Region

Sir George Iacobescu CBE

Chairman and Chief Executive Officer

Canary Wharf Group

Julian David

Chief Executive Officer


Tass Mavrogordato

Chief Executive

Bee Midtown and Bee Farringdon & Clerkenwell

Nic Durston

Chief Executive

South Bank Employers’ Group and South Bank BID

Ufi Ibrahim

Chief Executive

British Hospitality Association

Julian Gatward

Managing Director

Taylor Woodrow

Ray O'Rourke KBE

Chairman and Chief Executive

Laing O'Rourke

Richard Robinson

Chief Executive, Civil Infrastucture, EMIA


Andrew Ballheimer

Managing Partner

Allen & Overy

Nick Crossfield

Managing Director, UK and Ireland

Alstom UK

Sir Adrian Montague


Aviva Group plc

Nicholas Pollard

Group CEO

Cory Riverside Energy

Angus Knowles-Cutler

London Office Managing Partner and U.K. Vice Chairman


Ray Newton

Adviser to the Chairman

Edwardian Hotels London

Caroline Artis

Senior Partner for London


Julian Long

London Managing Partner

Freshfields Bruckhaus Deringer

John Holland-Kaye

Chief Executive Officer

Heathrow Airport Limited

George Kessler

Deputy Chairman

Kesslers International

John Allan


London First

Stewart Wingate

Chief Executive Officer

London Gatwick Airport

Andrew Cowan

Divisional Chief Executive Officer

London Stansted Airport

Tim Blackman


Middlesex University

Di Gowland

Principal and CEO

Newham College of Further Education

Richard Foley

Senior Partner

Pinsent Masons

Matthew Riley

Managing Director

Ramboll UK Limited

Andy Forbes

Principal and Chief Executive

The College of Haringey, Enfield and North East London

Tom Miserendino

President and CEO of AEG Europe

The O2

Andy Wilson

Chief Executive

The WKCIC Group

Nick Taylor

Chief Executive

Waterman Group

Roger Fitton

Managing Partner

Winckworth Sherwood

Graham Sant

Managing Director, Infrastructure

Capita Real Estate and Infrastructure

Jane Glanville

Chief Executive

London Higher

Ben Stephenson

Chief Executive

We Are Waterloo

Harbinder Birdi

Partner, Head of Infrastructure & Transport

Hawkins\Brown Architects

Fraser Brown

Director & Business Lead

Heathrow Express

Nigel Bishop

Chief Executive

Guild of Travel and Tourism

Frederic Royer


Frog Telecom

Stephen Massey


SjM Executive Security Consultancy Ltd

Martin Lewis


NCPI Solutions

Michael Walters

Managing Director

AHR London

Isabel Fernandez


Wilson Perumal & Company, Inc

Nigel McDonough

Professional Services Partner

Vail Williams LLP

Pravin Jugdaohsingh

Senior Solicitor

MARSANS Solicitors & Advocates

Dr John Keddie

Deputy Chair/Chair

London Stansted Cambridge Consortium/Harlow Enterprise Zone

Shaun Jones

VP Ground Transportation Systems

Thales UK

David Whittleton

Deputy Chairman

Arup Group

Gary Reeves

Executive Director

The Fitzrovia Partnership

Andrew Gould

Deputy Chair /Principal

London Stansted Cambridge Consortium/Genr8 Development Ltd      

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