Transport for London: Finance

(asked on 18th May 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether the Government has made an assessment of the potential merits of restoring the direct grant to Transport for London to ensure the longer-term sustainability of that transport authority; and if he will make a statement.


Answered by
Rachel Maclean Portrait
Rachel Maclean
This question was answered on 27th May 2020

The Government has reached agreement with the Mayor of London on a package of support which will allow Transport for London (TfL) to continue to operate essential services during the COVID 19 outbreak. This funding agreement includes increasing service levels as soon as possible to ensure people can follow social distancing guidelines while on the network, making sure those who have no alternative to public transport can travel safely. As part of this agreement, there will be a broad ranging Government-led review of TfL's future financial position and future financial structure.

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