Support 100 years of independent journalism.

  1. Science & Tech
  2. Coronavirus
14 May 2020updated 06 Oct 2020 9:45am

TfL will cut services if government bailout not agreed today, says Khan

By Samuel Horti

Transport for London (TfL) will have to cut the number of buses, tubes, trains and trams in the capital unless the government agrees to bail it out by the end of today, London mayor Sadiq Khan has said.

TfL is “running out” of cash reserves, and under local government law cannot go bust. “The only way to balance the books is to cut services,” he said. TfL has lost more than 90 per cent of its fares during the coronavirus pandemic, Khan said, and has been trying to negotiate grant money with the government, but it has proved “really hard” to get support from ministers.

“Being blunt, today is the last day. Unless the government today gives us confirmation of the grant that we need then the consequences could be quite severe and ramifications for all of us will be huge,” he told LBC.

​”So ironically at a time when the government’s wanting us to increase services, ramp up services to get into the recovery phrase, we may be required to cut services because the government is failing to give us the grant support we desperately need.”

Select and enter your email address Quick and essential guide to domestic and global politics from the New Statesman's politics team. A weekly newsletter helping you fit together the pieces of the global economic slowdown. The New Statesman’s global affairs newsletter, every Monday and Friday. The best of the New Statesman, delivered to your inbox every weekday morning. The New Statesman’s weekly environment email on the politics, business and culture of the climate and nature crises - in your inbox every Thursday. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A newsletter showcasing the finest writing from the ideas section and the NS archive, covering political ideas, philosophy, criticism and intellectual history - sent every Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.
  • Administration / Office
  • Arts and Culture
  • Board Member
  • Business / Corporate Services
  • Client / Customer Services
  • Communications
  • Construction, Works, Engineering
  • Education, Curriculum and Teaching
  • Environment, Conservation and NRM
  • Facility / Grounds Management and Maintenance
  • Finance Management
  • Health - Medical and Nursing Management
  • HR, Training and Organisational Development
  • Information and Communications Technology
  • Information Services, Statistics, Records, Archives
  • Infrastructure Management - Transport, Utilities
  • Legal Officers and Practitioners
  • Librarians and Library Management
  • Management
  • Marketing
  • OH&S, Risk Management
  • Operations Management
  • Planning, Policy, Strategy
  • Printing, Design, Publishing, Web
  • Projects, Programs and Advisors
  • Property, Assets and Fleet Management
  • Public Relations and Media
  • Purchasing and Procurement
  • Quality Management
  • Science and Technical Research and Development
  • Security and Law Enforcement
  • Service Delivery
  • Sport and Recreation
  • Travel, Accommodation, Tourism
  • Wellbeing, Community / Social Services
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy

Cutting services is likely to increase overcrowding on tubes, trains and buses, making social distancing even more difficult than it already is.

The Prime Minister’s spokesman said today that discussions between the government and TfL were at an “advanced stage”.