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May 2020

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(Credit: Bus World)

19 May 2020

TfL ‘mismanagement’ denied

The Mayor of London, Sadiq Khan (b. 1970), has defended himself against claims a £1.6 billion bailout of TfL (Transport for London) by the government was in part due to poor financial mismanagement.

The government agreed to release emergency funding on Thursday 14th May in exchange for a series of concessions.

Sadiq Khan
Sadiq Khan denies the ‘mismanagement’ claims levelled against TfL
(Credit: Public Domain)

The Secretary of State for Transport, Grant Shapps (b. 1968), has criticised the ‘pre-existing poor condition of TfL’s financial position’.

Mr Khan said the Transport Secretary’s statement was ‘highly political’ and ‘at best misleading’.

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