Transport for London

(asked on 2nd December 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether his Department has made an assessment of the implications for its policies of recent reports that Transport for London is set to enter a state of managed decline.


Answered by
Trudy Harrison Portrait
Trudy Harrison
This question was answered on 9th December 2021

The Government has provided Transport for London (TfL) with more than £4 billion of support through three extraordinary funding and financing agreements since May 2020. In addition, the recent Spending Review settlement provided over a billion pounds of capital investment per year for TfL, in line with previous funding, at a time of significant pressure on the national finances. We continue to work closely with TfL to support it onto a sustainable financial footing while ensuring a fair deal for the taxpayer.

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