| | URBAN TRANSIT NEWS |
Corporation of London study backs trams:
A new study commissioned by the Corporation of London supports the introduction of a new tram service to serve the City.
The study suggests that the route with greatest potential could run from Battersea to Hackney via Vauxhall, Elephant and Castle, Borough High Street, Bishopsgate and Shoreditch. Initial estimates suggest a capital cost of around GBP260m for a core route from Battersea to Hackney with an annual operating cost of GBP9m per annum.
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