PARLIAMENTARY DEBATE
Transport for London - 21 November 2024 (Commons/Commons Chamber)
Debate Detail
We continue to work collaboratively with City Hall, Transport for London and other mayors on long-term transport plans, providing lasting benefits for the public and the economy.
The previous Conservative Government allocated £6.6 billion to subsidise the work of Transport for London, particularly to subsidise the fare box during the pandemic. I understand from the Budget that the Chancellor allocated £485 million to TfL, but the figure may include £220 million already announced to finance Elizabeth line trains. If that is discounted, that leaves £265 million. Can the Minister confirm that the position is that the Government have suspended the de facto right of the Mayor of London to freeze fares and that they are requiring an inflation-busting 4.6% rise in fares in London?
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.