Transport for London Financial Review

(asked on 22nd July 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether the Government’s review of Transport for London (TfL) will include an examination of the operating model of (a) London Underground and (b) TfL’s subsidiary transport operations.


Answered by
Rachel Maclean Portrait
Rachel Maclean
This question was answered on 4th September 2020

As agreed with the Mayor and Transport for London (TfL), Government is taking forward a broad ranging review of TfL’s future financial position and future financial structure, with the aim of identifying clear options for strengthening TfL’s future financial sustainability.

This will include identification of opportunities to deliver further efficiencies in the short to medium term in relation to operating costs across TfL’s operations including, London Underground. It will also include a review of the current TfL operating model.

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