Transport for London: Funding

Transport – in the House of Commons at on 11 March 2021.

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Photo of Bob Blackman Bob Blackman Conservative, Harrow East

What recent discussions he has had with Transport for London on a future funding agreement.

Photo of Grant Shapps Grant Shapps The Secretary of State for Transport

The Government regularly engage with Transport for London on the impacts of covid-19, and—dare I say?—the Mayor’s management of Transport for London.

Photo of Bob Blackman Bob Blackman Conservative, Harrow East

My right hon. Friend will be well aware that the current Mayor has increased council tax by 30%, brought TfL to the brink of bankruptcy with £12 billion of debt, even before the pandemic struck, and now wants to charge motorists for coming into the outskirts of London. Does he agree that it is time for a fresh start?

Photo of Grant Shapps Grant Shapps The Secretary of State for Transport

I cannot have my hon. Friend be unfair to the London Mayor; we do have to consider that covid has been a part of that. This Government have stumped up £3.4 billion to assist TfL so far, and we are talking to the Mayor and TfL again. But my hon. Friend is absolutely right to say that there was already a £494 million on-year deficit. Now the Mayor, through not having collected or raised the price of fares over the years, is considering a boundary tax to tax people without representation to enter London. It is appalling mismanagement of our rail services.