Piccadilly Line: Capital Investment

(asked on 16th December 2025) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what discussions she has had with the Mayor of London on the potential impact of the cost of the Piccadilly Line renovation on TfL's finances.


Answered by
Simon Lightwood Portrait
Simon Lightwood
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 5th January 2026

Government announced a £2.2bn investment over the next four years for TfL at the Spending Review. This multi-year settlement marks the largest Government capital contribution to London's transport infrastructure in over a decade and is in addition to £485m delivered at the Budget in 2024.

As transport in London is devolved to the Mayor of London, it is for him and TfL to assess the merits and financial impacts of capital projects and make decisions on investment including upgrades to the Piccadilly Line.

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