Written Question·Department for Transport·UIN 96051
Lower Thames Crossing: Finance: Private Finance Initiative
Tabled: 1 December 2025
Answered: 17 December 2025
Question
James McMurdock
Independent — South Basildon and East Thurrock
To ask the Secretary of State for Transport, what plans she has to use (a) public-private partnership, (b) concessions model, and (c) toll-based financing model for the Lower Thames Crossing; and what options remain under consideration.
Answer
Simon LightwoodThe Government's preferred financing option at this stage is the Regulated Asset Base (RAB) model. This funding approach accelerates progress by unlocking private capital, therefore reducing the financial burden on taxpayers and boosting economic growth. ...
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