TfL’s revenues recovering from the pandemic
TfL’s revenues over the past financial year nearly doubled as the economy recovered from the pandemic, but still fell far short of where it needs to be as passenger numbers are still below pre-pandemic levels.
The cost of keeping TfL services running (pdf) during the 2021/22 financial year came to £7,771 million, but thanks to the pandemic, revenues came in at just £4,313 million, while that’s nearly double the previous year, it’s still sharply down on pre-pandemic
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