Grant Shapps

London transport fares will rise, says minister, as TfL secures bailout

May 14, 2020

The government has said London transport fares will have to rise, as it reached an agreement over a £1.6bn bailout with Transport for London. TfL will receive £1.1bn as a cash grant plus another £505m in loans, according to reports on Thursday night. In return, TfL will carry out a review of its finances and […]

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