Transport for London: Finance

Department for Transport written question – answered at on 24 October 2023.

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Photo of Matthew Offord Matthew Offord Conservative, Hendon

To ask the Secretary of State for Transport, whether he has held recent discussions with the Mayor of London on the financial sustainability of Transport for London.

Photo of Richard Holden Richard Holden Parliamentary Under-Secretary (Department for Transport)

I met with the Deputy Mayor of London for Transport on 12 July 2023 to discuss Transport for London’s progress to financial sustainability, which they expect to reach by the end of the current financial year.

The Department has regular engagement with Transport for London to monitor the terms of the current funding settlement.

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