TfL’s funding deal gets another extension

The drip-feed of extensions to TfL’s funding from the government to keep transport running in London has been extended yet again after negotiations were unable to agree a formal settlement by today’s deadline.
In a statement this morning, TfL says that discussions with the Department for Transport (DfT) in relation to its future funding requirements are ongoing and that TfL remains in a position to meet its operational and contractual obligations in the near term, whilst discussions