MORE COVID FUNDING FOR TFL AND LIGHT RAIL

Front

TFL COMMISSIONER: ‘THERE IS NO NEGOTIATION’

Getting out and about: on the first day of the easing of lockdown and the end of the ‘stay at home’ mantra, plenty of locals are out for a walk or jog on Hampstead Heath and Parliament Hill on 30 March 2021. Arriving and departing from Gospel Oak are London Overground EMU No 378219 on the 13.22 Clapham Junction to Stratford and No 378220 on the 13.29 Stratford to Richmond. 

Antony Guppy

FUNDING SUPPORT for Transport for London has been extended to 18 May pending agreement of a new deal between the Government and TfL, while both the UK and Scottish Governments have extended ongoing support for light rail systems.

The deal for TfL represents a continuation of the terms of the funding package for the second half (H2) of 2020-21, with a new funding deal to be agreed after the mayoral election in early May. The extension from 31 March to 18 May comprises an additional £260 million in base funding plus additional revenue support of approximately £225 million, dependent on actual fares income. In a written statement to Parliament, Transport Secretary Grant Shapps said the extension would provide ‘certainty over the pre-election period’.