31 August 2022
The Government and Transport for London (TfL) have announced a longer-term 20-month funding settlement until March 2024, allowing TfL to commit £3.6bn to capital investment over the period.
This package will enable TfL to complete a number of major projects, including the roll-out of new trains for the Piccadilly line and Docklands Light Railway, the Bank station upgrade, and the finalisation of the Elizabeth line.