HC Deb 23 July 1993 vol 229 c404W
Sir Michael Neubert

To ask the Secretary of State for Transport what is the total expenditure incurred on the Jubilee line extension project to date; what obstacles now remain before the principal construction works can be started; and if he will make a statement.

Mr. Norris

Around £180 million. Leaving aside the exit from administration of the Olympia and York Company, before we can give authorisation for construction work to begin the precise terms of the funding agreement between London Underground Limited and London Transport and the parties involved with the financing of Canary wharf must be satisfactorily settled.