Short TfL extension only justified if long-term deal follows, says London First
Commenting on the short extension of TfL funding, John Dickie, Chief Executive of London First, said:
“Extending TfL’s funding until December 17 only makes sense if that time is used to create a proper framework that enables it to keep running the network throughout the capital’s recovery. This means keeping a tiny sliver of the taxes Londoners pay to help fund our economically essential transport network. It also means giving the Mayor the tools he needs to find new ways of funding the system.
“The return of work from home guidance means that TfL is likely to see fewer passengers and lower revenues in the weeks ahead. At the same time those who have to go to their workplace will be as reliant as ever on the network and its safe operation. It is vital that both London and National Government work together to build public confidence and secure the capital’s future.”