Question to the Department for Transport:

To ask the Secretary of State for Transport, if he will provide Transport for London with a six-year capital funding settlement that would enable that organisation to deliver long-term transport policies for London.

Further waves of Covid-19 and national lockdowns have meant that future transport demand in London remains uncertain. It is therefore too early to make significant long-term capital funding commitments. The parameters of any future funding settlements are part of live policy making and subject to sensitive discussions between Government and Transport for London (TfL). The third extraordinary funding support package, provided to TfL, gives more time to better understand future demand, and to work towards a possible longer-term funding agreement which all sides could support.