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Government urged to publish KPMG report into TfL finances

TfL has seen its income severely drop as a result of the Covid pandemic. Credit: PA The Government has again been urged to publish a report into TfL’s finances ahead of further negotiations for a funding deal in April. Last spring the Government commissioned KPMG, one of the big four accounting firms in the UK, to scrutinise TfL’s finances ahead of a £1.6 billion emergency funding deal, but the findings of the report were never published. In October, business leaders across London and the London Assembly called for the findings to be published after a second emergency funding deal was agreed that contained several conditions.

Government urged to publish KPMG report into TfL finances | East London and West Essex Guardian Series

TfL has seen its income severely drop as a result of the Covid pandemic. Credit: PA The Government has again been urged to publish a report into TfL’s finances ahead of further negotiations for a funding deal in April. Last spring the Government commissioned KPMG, one of the big four accounting firms in the UK, to scrutinise TfL’s finances ahead of a £1.6 billion emergency funding deal, but the findings of the report were never published. In October, business leaders across London and the London Assembly called for the findings to be published after a second emergency funding deal was agreed that contained several conditions.

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