Transport for London gets £1.8B bailout to weather coronavirus

This article was originally published by Christopher Carey on Cities Today, the leading news platform on urban mobility and innovation, reaching an international audience of city leaders. For the latest updates follow Cities Today on Twitter, Facebook, LinkedIn, Instagram, and YouTube, or sign up for Cities Today News. Transport for London (TfL) has secured a £1.8 billion (US$2.3 billion) government bailout to keep services running until March 2021. The funding will ensure TfL can absorb the impact of Covid-19 and comes less than two weeks after London Mayor Sadiq Khan accused Prime Minister Boris Johnson of lying to Parliament over the transit operator’s finances.…

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