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Transport: London Underground

Part of the debate – in the House of Lords at 3:14 pm on 7th May 2008.

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Photo of Lord Bassam of Brighton Lord Bassam of Brighton Government Whip, Government Whip 3:14 pm, 7th May 2008

My Lords, the Comprehensive Spending Review 2007 settlement sets out the expected levels of Transport for London grant and borrowing to 2017-18 and makes provision for the continued modernisation of the Underground. It is now for Transport for London to manage its costs and priorities within its overall financial settlement.