Throughout the business plan period, capital investment will be about £1.2bn a year, excluding Crossrail. But TfL says this will have to increase markedly in future years to meet the ambitions of the mayor’s transport strategy. The question is, where will the funding come from?
“Our draft business plan is fully balanced, reflecting the greater certainty of funding over this period and the difficult decisions we have taken to defer important investments,” says TfL’s...
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