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Devolved taxes on agenda to rebuild TfL

16 November 2020
 

The Government may devolve more taxes to the mayor of London as part of a plan to put Transport for London on a sustainable footing after Covid-19.

Announcing the new financial package to keep TfL afloat until the end of March next year, transport secretary Grant Shapps said: “I look forward to working with London’s representatives to achieve a long-term settlement, with London given more control over key taxes so it can pay more costs of the transport network itself.”

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