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Jubilee Line deal given green light

Sunday 27 September 1992 23:02 BST
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THE pounds 1.7bn scheme to extend the Jubilee line should receive the go- ahead after bankers to the failed Canary Wharf development in London Docklands agreed a financing package.

The administrators expect to make a formal offer to the Government by Wednesday. They are expected to insist that Canary Wharf is chosen for the relocation of 3,000 civil servants.

Meanwhile, the Cabinet committee reviewing proposed public expenditure cuts has decided to put part of the pounds 12bn road building programme on hold, as well as cutting other published spending plans. This drew strong protests from some ministers.

British Rail has come under renewed attack from protesters in Kent after admitting that it was looking at potential new routes for the Channel tunnel rail link.

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