Transport for London avoids bankruptcy, secures government funding: what’s next?

TfL Wood Lane Arches

Transport for London, the body that manages public transport in the capital, has secured a last-minute deal with the UK government. A package of funding will guarantee passenger revenue until March 2024, giving TfL some certainty of available resources, despite the ongoing uncertainty in passenger behaviour in the post-pandemic era.

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Author: Simon Walton

Simon Walton is UK correspondent for RailTech.com and Railfreight.com

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Transport for London avoids bankruptcy, secures government funding: what’s next? | RailTech.com

Transport for London avoids bankruptcy, secures government funding: what’s next?

TfL Wood Lane Arches

Transport for London, the body that manages public transport in the capital, has secured a last-minute deal with the UK government. A package of funding will guarantee passenger revenue until March 2024, giving TfL some certainty of available resources, despite the ongoing uncertainty in passenger behaviour in the post-pandemic era.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Author: Simon Walton

Simon Walton is UK correspondent for RailTech.com and Railfreight.com

Add your comment

characters remaining.

Log in through one of the following social media partners to comment.