London mayor Sadiq Khan and prime minister Boris Johnson are at loggerheads over the management of Transport for London as the network continues negotiations on a second bailout.
Transport for London requires an extra £2bn this financial year to cover the drop in revenues relating to Covid-19, or risk deterioration of the transport network not seen since the 80s and 90s, it...
Crossrail has announced further delays to the full opening of its service, meaning the line will not be fully operational until early 2022 and adding an additional £450m to the cost of the scheme.
Transport for London has borrowed £169m in the last two months from the Public Works Loan Board, as it looks to tackle the financial losses resulting from Covid-19.
A review into Transport for London’s funding and finances is to begin immediately, transport secretary Grant Shapps has announced, following the agreement of a controversial £1.6bn rescue package...
London mayor Sadiq Khan has criticised the government’s support package for Transport for London, calling the deal “a sticking plaster” and arguing that Londoners will pay “the cost for doing the...
Transport for London is set to take over rail services in the capital from four private sector franchise operators under a plan agreed with government ministers.
