Procrastination over TfL funding is damaging for everyone

As the government's financial straitjacket forces Transport for London into the largest fare increases in a decade, London Assembly Transport Committee Chair Caroline Pidgeon said:

"While the PM is on his "levelling up tour", a desperate bid to distract from a scandal-ridden Downing St, his government forces the largest fare increases in London for a decade.

"Many Londoners can't afford these rises and levelling down London like this will impact the whole UK economy. Yet, given TfL's terrible financial position and the conditions being imposed by central Government these rises are sadly inevitable.

"TfL and London cannot continue in limbo. The security of a long-term agreement for TfL is required urgently, so that TfL can plan and allocate resources, in order to provide Londoners with the reliable and efficient transport network they deserve.

"Continued procrastination over a long-term funding deal is damaging for the system, Londoners and the country. The time has come to stop procrastinating and get on with the job!"

You can read Caroline's letter to the Transport Secretary, on behalf of the London Assembly Transport Committee.