London’s transport system was handed a £1.6 billion government bailout last night after the capital’s mayor threatened to cut bus and Tube services.
Downing Street announced that Transport for London (TfL) would receive a £1.1 billion grant and a further £505 million loan after claims that it was close to running out of cash. Sadiq Khan had demanded £2 billion.
The mayor of London was told that the money would come with “many strings attached”, including a guarantee that transport services would be running at 100 per cent capacity as soon as possible.
The Tube, bus and overground networks in the capital will also be forced to carry the government’s official coronavirus public health warnings — rather than alternative messaging championed by the mayor —