The government has agreed to directly pay up to a third of the costs of repairing Hammersmith Bridge as part of the latest funding deal with Transport for
funding protects continued running of services in the capital as we recover from COVID-19
package ensures TfL will improve efficiency and pursue effective reforms which modernise London’s transport network, including expanding use of automatic train operation
deal ensures long term stability of the capital’s transport network by putting TfL on the path to financial sustainability
The settlement will provide financial support until 11 December 2021, ensuring crucial reforms are accelerated to ensure TfL becomes financially sustainable in the long term.
The latest agreement delivers value for money for taxpayers across the country and recognises the importance of the capital’s economy. This deal follows the 2 previous emergency support packages agreed in April and October 2020, and takes total government’s support to TfL since March 2020 to over £4 billion.
funding protects continued running of services in the capital as we recover from COVID-19
package ensures TfL will improve efficiency and pursue effective reforms which modernise London’s transport network, including expanding use of automatic train operation
deal ensures long term stability of the capital’s transport network by putting TfL on the path to financial sustainability
TfL) worth around £1.08 billion, ensuring the continued running of London’s transport network as we progress along the government’s roadmap through the COVID-19 pandemic.
The settlement will provide financial support until 11 December 2021, ensuring crucial reforms are accelerated to ensure
TfL becomes financially sustainable in the long term.