Charalambous wants to extend the Jubilee line from Stratford to Edmonton, using the old Lea Valley rail line that's currently used as a cycle route. He thinks he could get the £60m cost from the European Regional Development Fund. What could possibly go wrong?
Mmm, a lot, apparently. Assiduous Tweeters (we bloody love Twitter) pointed out that not only is £60m one-third of the ERDF's entire allocation for London between 2007 and 2013, but that this isn't even a new plan. In 2005, TfL commissioned the "DLR Horizon 2020" report - which considered extending the DLR along the Lea Valley rail line to Tottenham Hale. Costs were estimated to be - in 2005, remember - £363m.
What we love though, is the idea that anyone could build their own little extensions to the tube network without having to wait around for TfL. Mill Hill East-esque spurs to everybody's houses, this way!