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@ halalmoney
2025-04-23 12:16:18
One-third of Lower Thames Crossing budget spent on planning documents
More than £450mn used for obtaining permission for road tunnel scheme
Financial Times
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Via Perplexity:
Analysis
Budget Proportion
• If the total project cost is taken as £9 billion:
• One-third would be £3 billion.
• If £450 million has been spent on planning documents, this would be 5% of a £9 billion budget, not one-third.
• However, if the statement refers to the pre-construction spend (e.g., £1.2 billion spent so far), then £450 million would be approximately 37.5% of that amount.