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Institute of Transport Administration

Educating Transport Management since 1944

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Coronavirus: London transport ‘may run out of money by end of month’

26 Apr 2020

 

London's transport authority could run out of money to pay staff by the end of the month unless the government steps in, Sadiq Khan has warned.

 

Income from fares has plummeted during the lockdown and Transport for London (TfL) has been using cash reserves to keep running, the mayor said.

 

Further information:

https://www.bbc.co.uk/news/uk-england-london-52379111