Update on Bakerloo Line extension

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Extract from Southwark Public Transport Consultative Forum minutes
5th December 2012 at 160 Tooley Street:  
...The council has been working with TfL and Lewisham Council in order to try to move this currently unfunded scheme forward. We see an opportunity to  deliver the extension when the existing line is  modernised after 2020. Feasibility work carried  out by TfL suggests that an alignment via Camberwell, Peckham and going on to Lewisham and Bromley (Hayes) has a positive business case. An alternative alignment through Southwark via the Old Kent Road has also been considered. Further work to build the case for the extension is required and we have requested that TfL authorise this work to proceed. The possibility of re-opening Camberwell station was raised. SP stated that this has been looked into previously – there are issues with the track layout and the proximity of Loughborough Junction station...