TfL SEEKS FINANCIAL SURPLUS

TRANSPORT FOR London has published its draft business plan, setting out its plans for the five years through to 2021/22. The plan is the first since Sadiq Khan was elected as Mayor of London.

Ambitions are set out to cut costs and deliver a financial surplus, with a greater proportion of TfL’s income set to come from fares as grants from Government decrease. This would be alongside completion and delivery of major projects such as the Elizabeth Line and the Northern Line extension.

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