The Government of the UK has approved the funding of GBP 875 million (US$ 1.1 billion) to ensure continuation of works for the Crossrail 2 project. The government is supporting Transport for London (TfL) to complete the Elizabeth line of the project by the first half of 2022. The Elizabeth line will connect London's Canary Wharf with Heathrow Airport. After the funding work on the railway can continue at pace. 

Crossrail Ltd announced in August 2020 that it expected the Elizabeth line to open through central London in the first half of 2022 and that they would require funding beyond the agreed funding envelope. Crossrail Ltd is continuing to work hard to reduce its funding shortfall, and TfL is ensuring that further independent analysis of costs is carried out.