Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Government leads review into TfL’s finances and structure

01 June 2020

 

The Government has launched a review of Transport for London’s financial position and structure. 

The review is one of the conditions of the funding deal struck between ministers and mayor Sadiq Khan to keep TfL solvent  through the Covid-19 pandemic when its fare revenues have plummeted. Another condition is the temporary suspension of free travel for under-18s.

The financial package is intended to keep transport services in London running until  September and comprises...

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