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No silver lining or light at the end of this tunnel
The projected Silvertown tunnel under the Thames is just another private finance initiative scandal in progress, and an environmental disaster to boot, says STEWART MCGILL
Map showing the proposed placement of the Silvertown Tunnel

AFTER a recent freedom of information request about the Silvertown tunnel, a proposed car and HGV link under the Thames alongside the Blackwall tunnel, Transport for London replied to me on July 1 and admitted that “the costs of cancelling the scheme would be significant … and would have to be funded from other project budgets due to the private finance currently funding the scheme.”

So the cancellation of an environmentally disastrous scheme will damage other projects because of the need to pay off the financiers.

This is an appalling abuse of public funds and another example of why private finance initiatives are an expensive accounting scam that should never have been allowed near public-sector projects.

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