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16 Oct 2020

TfL bailout package extended

Transport for London (TfL) has secured a last-minute extension of its bailout package to keep services running for a fortnight.

Extending the £1.6 billion bailout — due to run out tomorrow — for a further two weeks equates to roughly £113 million.

Buses crossing Kingston Bridge
The government has agreed to extend TfL’s bailout package by two weeks

The government will now continue the terms of the current bailout package until Saturday 31st October.

‘The two-week extension will enable TfL to continue running safe, reliable, and frequent transport services,’ the Mayor of London, Sadiq Khan (b. 1970), said.

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05 Oct 2020 | 16:05

If, after reading this news story, you want more, then take a look at our Oct 2020 archive.

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