25-02-2022 13:03 via ianvisits.co.uk

TfL secures short-term funding deal from the government

Transport for London (TfL) has secured another short-term funding agreement with the government that will run for the next four months, until 24th June 2022.
This, the fourth funding package offered by the government, will contribute towards TfL’s revenue loss due to reduced passenger numbers using TfL services as a result of the pandemic. As part of the agreement, TfL will receive special grant of £200 million, paid in three instalments from the end of April, and the Government will
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