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Crossrail Bill

No, the hon. Gentleman is wrong about that. The prices reflect the fact that the construction of Crossrail would, on any view, take place over many years. So some of the money would not actually be paid until the far end of the period. In order to get a cash figure, therefore, we needed to make a calculation as to how much would be involved. The price that I quoted simply reflects the fact that one set of prices was at 2002 prices, and what I was giving the House was the cash figure that we estimate today. That is the reason for the difference. This is a perfectly conventional way of doing it, but it is important that the House should get the right picture.