Transport News

TfL's funding deal gets another extension

1 day ago   |   By Cellular news

The drip-feed of extensions to TfL's funding from the government to keep transport running in London has been extended yet again after negotiations were unable to agree a formal settlement by today's deadline.
In a statement this morning, TfL says that discussions with the Department for Transport in relation to its future funding requirements are ongoing and that TfL remains in a position to meet its operational and contractual obligations in the near term, whilst discussions conclude.
On 25 February 2022 TfL announced that a funding and financing package had been agreed between TfL and...
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