John Dickie, Chief Executive of BusinessLDN, said:
“A capital funding deal for TfL was on the Christmas wish list for Londoners and businesses across the capital so it is a relief that a one-year settlement has finally been reached. This will provide some short-term certainty but it is now important that a multi-year funding deal is agreed to enable London and suppliers across the country to plan for the future with confidence. A world-class public transport network is vital to keep London moving, retain its position as a global city and support jobs across the country.”