Tfl Reviewing Long-term Funding Settlement From Government

Transport for London (TfL) has said it is reviewing a draft proposal from the Government for a long-term funding settlement.TfL has been operating on a series of emergency short-term funding deals since falling into financial trouble during the pandemic.Transport Secretary Grant Shapps said he has “put a long-term settlement on the table to ensure services are supported and £3.6bn of capital projects take place by 2024”.

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