No fixed river crossing has been built in London east of Tower Bridge since 1967 and yet around £43m has already been paid out by Transport for London in the past 15 years on feasibility studies and consultations for such a project, set to reach £61m by 2018.
To help break this expensive deadlock, Michele Dix managing director of planning at Transport for London told the transport select committee this month a package of measures had to be developed in order to spread the pain.
‘The key to the consensus being built is having a package. What has happened in the past is there has been a single scheme put forward. After the Thames Gateway Bridge plan was dropped it was recognised there needs to be more than one crossing…to spread the load.’