⁍ TfL has been told by ministers to introduce the reforms if it is to secure a bailout package, a source said.


⁍ Last month, London Mayor Sadiq Khan called for a 5.7 billion pounds bailout package for TfL to keep the capital’s transport system going for the next 18 months.


⁍ TfL’s income was down by 90% because people avoided public transportation at the height of the novel coronavirus pandemic between March and July.


– The British government is offering London’s transportation operator a further $1 billion bailout with demands that the transport operator raise fares and curb the remaining free travel entitlements for children and pensioners, a source familiar with the matter tells Reuters. Transport for London, which runs the city’s transport system, has been told by ministers to introduce the reforms if it is to secure a bailout package. Last month, London Mayor Sadiq Khan called for a 5.7 billion-pound bailout package to keep the capital’s transport system going for the next 18 months. Sky News reported earlier that the government was demanding the extension of London’s congestion charge zone as a part of the bailout proposal. “Conditions such as extending a £15 congestion charge to the North and South Circular and taking free travel away from children and older people would be totally unacceptable to the mayor,” the source said.



Source: https://www.reuters.com/article/uk-health-coronavirus-britain-transport/transport-for-london-offered-further-1-billion-pounds-bailout-by-government-source-idUSKBN2702VP