Covid-19: London public transport bailout extended as deal considered

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Covid-19: London public transport bailout extended as deal considered
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Funding to keep the public transport system running in London has been extended again.

The Department for Transport insisted it had "repeatedly shown its commitment" to supporting TfL during the pandemic by providing more than £4.5bn in emergency funding.

Mayor of London Sadiq Khan said the pandemic was "the only reason" TfL was facing a financial crisis and urged the government to "engage with TfL and City Hall in good faith". "If the government fails to support TfL at this difficult time, it could impact TfL's UK-wide supply chain, hitting jobs and growth and holding back the economic recovery in London and across the UK."TfL's income has been hit as passengers stayed away during the pandemic.

What is being thrashed out behind the scenes are the details for a long-term funding deal. That could be for investment in things like new trains and new signalling but also the repair and renewal of existing infrastructure like flyovers.

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