In Focus
Extraordinary funding for Transport for London
In response to a revenue shortfall attributed to the Covid-19 pandemic, the Government and the Mayor of London agreed three consecutive short-term funding packages for Transport for London worth more than £4 billion. The latest of those agreements expires on 11 December 2021. Concerns have been raised that without further funding, London’s transport infrastructure could see a “managed decline”, with the possibility of cancelled bus routes and tube lines closed.