Transport for London: Finance

(asked on 22nd June 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether he has plans to establish a financial settlement with Transport for London (TfL) that is longer than the current TfL funding agreement.


Answered by
Rachel Maclean Portrait
Rachel Maclean
This question was answered on 30th June 2021

Further waves of Covid-19 and national lockdowns have meant that the recovery from the pandemic has taken longer than hoped and therefore, transport demand remains uncertain. The third extraordinary funding support package was provided to Transport for London on a short term basis, to give more time to better understand future demand, and to work towards a possible longer-term funding agreement which all sides could support.

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