TfL funding crisis: UK Government agrees last-minute cash deal to keep Tube running until February December 17, 2021 Transport for London (TfL) tonight announced it had reached another short-term stop-gap funding deal with central government to fund the capital’s transport network until early February. Andy Byford, London’s transport commissioner, said: “The Government has today confirmed an extension of its funding support for TfL through until 4 February, for which we are grateful. The Mayor [...]
TfL finances battered by £100m drop in advertising revenue July 5, 2021 Transport for London (TfL) has suffered a record £100m plunge in advertising revenue across its network after Covid restrictions prevented people using its services. The fall in ad revenues is the latest pandemic hit for TfL, which derives the vast majority of its revenue from fares, and has been bailed out to the tune of [...]
TfL urged to re-launch night Tube this winter as 80,000 Londoners back petition October 7, 2021 Just over 80,000 Londoners have signed a petition that calls on Transport for London to reopen the nigh Tube as soon as possible, primarily to keep women and girls across the capital safe. Ella Watson, who launched the petition, is calling for the service to resume after it was shut in response to the outbreak [...]
TfL funding crisis: Khan hits back after London minister tells mayor to ‘get real’ on Tube cuts December 8, 2021 Mayor Sadiq Khan tonight hit back at claims from the central Government that he needs to “get real” about Transport for London’s funding crisis as the clock ticks down. ” If TfL is forced to make significant cuts to services it will risk our city’s economic recovery,” Khan said. Minister for London Paul Scully earlier today [...]
London’s future prosperity depends on a sustainable future for TfL June 7, 2021 News of the latest financial support package for Transport for London (TfL) will have been met by sighs of relief across London. At the very least, buses, trains and tubes will continue running for the next few months. But fundamental questions about TfL’s future and how public transport is funded remain unanswered. Should a transport [...]
Downing Street has cycling lanes row with TfL over £100m funding allocation September 27, 2021 Long-running tensions between Downing Street and City Hall have ignited again, after Transport for London (TfL) were slapped down over plans to give £100m to councils that have ripped out cycle lanes. Documents obtained by The Telegraph showed that TfL wanted to give £100m to councils that had removed cycling lanes and eliminated low traffic [...]
Sadiq Khan: TfL settlement is not the deal we wanted June 1, 2021 London Mayor Sadiq Khan has hit out at the emergency funding package signed off today by Government and TfL to keep the capital running. The deal includes a raft of cuts across Transport for London’s operations and does not go as far as many hoped in providing a long-term settlement for the capital’s transport network. [...]
TfL launches campaign to rally confidence in commuters and fill-up tubes July 19, 2021 In its bid to breathe the capital back to life, Transport for London (TfL) has launched its largest campaign since the 2012 Olympics to rally confidence in commuters. Tube and bus networks have been far quieter than they were 16 months ago, so TFL’s ‘Welcome back London’ campaign seeks to highlight what Londoners have missed [...]
Give TfL ‘fair funding deal’ or risk capital’s recovery, London leaders plead September 2, 2021 Politicians, business leaders, and union representatives from across London have today written to Grant Shapps to plead for a “fair funding deal” for Transport for London (TfL) in the upcoming Comprehensive Spending Review (CSR). They warned that “inadequate funding” could lead to more services being cut, which could prevent some people from returning to public [...]
Government scraps TfL bus service review due to extra restrictions July 12, 2021 Transport for London (TfL) will no longer have to carry out a review of bus services levels in July after the government agreed to waive the step after concerns were raised. Under TfL’s latest six-month funding package, the transport operator had to undertake a review of bus passenger numbers in both July and September. But [...]