Question to the Department for Transport:
To ask the Secretary of State for Transport, if he plans to allow London to retain its share of Vehicle Excise Duty to pay for transport services in the capital.
The Secretary of State confirmed in a letter to the Mayor of London on 1 June 2021, that any proposal to transfer Vehicle Excise Duty from the Exchequer to TfL is, in effect, a permanent Government Grant.
The Government has provided over £4 billion of financial support to Transport for London since the start of the pandemic. These deals are proof of our commitment to moving TfL onto a more financially sustainable footing, with a target date for achieving financial sustainability of April 2023.