• Transport for London warns of bankruptcy during government funding talks

    Transport for London warns of bankruptcy during government funding talks
    TfL’s talks with the government to secure a long term funding deal have been extended yet again after a deal was not agreed by the Friday midnight deadline.
    Since the pandemic caused a collapse in fares income, TfL, as with all public transport operators has been supported by the government to keep services running while the economy recovers from the lockdown. However, while funding has been largely unconditional for most transport operators, TfL has been locked in negotiations for months

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