Transport for London have reported that the Croxley rail link that will extend the Metropolitan line to Watford Junction requires an additional £50m to be completed.
The Croxley rail link is running over the agreed budget of £284.4m due to prices received from the supply chain. The government has advised that it will not provide any further funding. TfL are considering how to resolve the current overspend.
The Secretary of State for Transport has visited Watford to view the progress being made on the Croxley Rail Link.