London’s transport funding deadline gets one week extension

The current funding deal to keep London’s trains and buses running was due to expire today, but has been extended by a week as negotiations over TfL’s future funding drag on.
TfL secured a funding and financing support package from the Department for Transport (DfT) in June 2021 to support transport services in London and contribute towards TfL’s forecast revenue loss due to reduced passenger numbers using TfL services as a result of the pandemic. The funding provided support t