Transport for London (TfL) has agreed a £200M funding and financing package with the Department for Transport (DfT) – the fourth such package to be put in place to cover for revenue loss due to reduced passenger numbers using TfL services as a result of the pandemic.
Tag Archives: Transport for London
‘Paralysed’ TfL has not started any new capital works projects since last summer
Transport for London’s (TfL) capital works programme has ground to a complete halt due to ongoing funding issues.
TfL faces ‘big financial challenges’ with reliance on Council Tax funding
Transport for London (TfL) is becoming "increasingly reliant on Council Tax funding" and faces "big financial challenges" as a result of the pandemic, a key report has warned.
London’s new transport chief could put Crossrail 2 back on the agenda
London’s new deputy mayor for transport has outlined his desire to resurrect Crossrail 2 and the Bakerloo Line Extension as he appeared before a London Assembly committee for the first time yesterday.
TfL tunnels boss outlines major projects on pause until funding is secured
Transport for London (TfL) head of tunnels Farid Accha has admitted that many major projects face an “uncertain” future as the current funding agreement with the Department for Transport is coming to its end, with no new agreement yet confirmed.
Bakerloo Line extension ‘completely out of reach’, says Khan
Mayor of London Sadiq Khan has lamented the state of Transport for London’s (TfL) funding in a piece in the Financial Times, saying that proposed upgrades including Crossrail 2 and the Bakerloo Line extension are “completely out of reach”.
TfL begins safety upgrade of Westminster Bridge
FM Conway will today, 15 November, begin safety upgrade work on Westminster Bridge for Transport for London (TfL), which will last until the end of January.
TfL could extend DLR as far as Abbey Wood
Transport for London (TfL) is open to extending the Docklands Light Railway (DLR) as far as Abbey Wood, it can be revealed.
Bakerloo Line Extension | TfL instructs consultants to work up tunnel designs
EXCLUSIVE Transport for London (TfL) has asked its suite of consultants to begin working up detailed tunnel designs for the extension to London Underground’s Bakerloo line, NCE can reveal.
10 London cycling and walking schemes that could benefit from TfL’s £2M daily ULEZ income
Today sees the official start of London’s expanded Ultra Low Emission Zone (ULEZ), which covers the vast majority of the capital and is in effect 24 hours a day.