Transport for London: Funding

Lord Fox Excerpts

Thursday 23rd June 2022 Lords Chamber

[Viscount Younger of Leckie (Con)]

To the extent that the noble Lord is right, he makes a very important point: the London Underground transport system in particular is one of the best in the world, and is recognised as such. It is important that we continue to fund it wherever and however we can. But this extraordinary funding, so defined, was meant for a specific purpose, as a result of the revenue shortfall due to the Covid-19 pandemic. I am well aware that tomorrow is 24 June, although I regret that I am not able to tell the House what extension, if any, can be announced today.

[Lord Fox (LD)]

My Lords, the Minister knows that clouding this process is the absolutely appalling relationship between the Prime Minister and his successor as mayor. As a result, the absence of long-term funding is hitting not just passengers but business, as we have heard, because TfL is not able to enter into the proper procurement processes with companies all around the United Kingdom. Without that, they are losing business. Will the Minister join me in calling for the Prime Minister to step back from this feud and enable a long-term deal to be done for TfL?

[Viscount Younger of Leckie (Con)]

The noble Lord knows full well that this is a matter for the mayor and Transport for London. The department works closely with TfL on a range of operational and policy issues, but negotiations with trade unions and averting further industrial action on the London Underground are a matter for the mayor and TfL. But the noble Lord makes a good point; we are keeping a close eye on this because it is important that Transport for London is funded properly.