TfL have now confirmed which scheme they prefer for the tram extension to Sutton. Is a funding package now in place, with contributions from TfL, Merton, Sutton and central government, for this much-needed, long-awaited scheme?
A funding package for a tram extension to Sutton is not currently in place. Transport for London (TfL) has been working with the London boroughs of Sutton and Merton to explore options and make the case for funding for the scheme. There are current commitments from TfL, Merton and Sutton which total approximately £115m, but a significant funding gap remains. A contribution from central Government is not currently in place but funding pots are expected to soon be available from which contributions can be sought.
To fully cover the amount required, more funding will be needed from both local and national sources and I will continue to seek opportunities to secure this funding.