LBC/IRN · London Broadcasting Company

Title

Alistair Morton on Eurotunnel costs

Genre

Interview

TX Date

2 Oct 1989

Year of production

1989

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Duration

00:04:18

Description

Margaret Shiels interviews the co-chairman of Eurotunnel, Alastair Morton, about the costs of building the Channel Tunnel which have soared to seven billion pounds. The projected increase is down to dearer rolling stock, and the fact that tunnelling is costing more than estimated, but Morton says the main reason for the rise is the lump sum contract which accounts for one-third of the whole project.

Contributors

Margaret Shiels; Alastair Morton

Keywords

Budgets; Railway transport; France; Finance; England; Channel tunnels; Eurotunnel

The copyright of audio recordings in the LBC / IRN Digitisation Archive is owned by Global Radio UK Ltd.