Written question asked by James McMurdock (Independent (affiliation)) on Friday, 29 May 2026, in the House of Commons. It was due for an answer on Tuesday, 2 June 2026. It was answered by Simon Lightwood (Labour) on Monday, 8 June 2026 on behalf of the Department for Transport.

Lower Thames Crossing: Finance

Question: To ask the Secretary of State for Transport, what assessment she has made of the extent of the contingent liabilities associated with the proposed private finance model for the Lower Thames Crossing.

Answer: The Government's preferred financing option for the Lower Thames Crossing (LTC) is the Regulated Asset Base (RAB) model. The details of this model are still under development, including through engagement with potential investors. No decisions have yet been taken that could result in contingent liabilities arising. The Department will undertake a full assessment of any contingent liabilities once the financial structure has been sufficiently developed.

Secondary information