Source: London Assembly
The Government announced a £1.6bn financial package to support Transport for London’s future from April 1 until October 17 of this year. The Mayor Sadiq Khan, and the Transport Commissioner have entered into discussions with the Government for a new £5.7bn, 18-month funding package. As of 16 October, this long-term package has still has not been agreed.
Alison Moore AM, Chair of the London Assembly Transport Committee, said:
“We are in one of the most economically challenging times in the history of the capital and the country. London’s economic recovery is dependent on having sustainably-funded public transport services. The capital’s key workers need services to stay on track as they continue to tackle coronavirus in frontline industries. Delaying the Transport for London deal means uncertainty for everyone and that hard-pressed Londoners will pay the price.
“The last TfL funding agreement short-changed Londoners when TfL was forced to agree to Government conditions like ending free transport for under-18s and increasing the congestion charge. How can these conditions be imposed? Which projects will be put on the back burner? We are concerned that Londoners will end up paying the price for the bailout, when we haven’t seen such an expectation in other regions.
“We need transparency on this and so we are calling on the Government to immediately publish the details of the agreement. This is essential if we’re to be assured that the deal will keep London moving, support the capital’s economy and vital local businesses, and keep Londoners safe.”