Bosses beg Rishi Sunak to bail out TfL after threat to axe Tube lines - The Times

Eighty business and charity leaders have urged Rishi Sunak to extend his Covid-19 bailout to Transport for London this week to avoid derailing the government’s levelling up agenda.

The financial lifeline the chancellor threw to TfL during the pandemic ends on Saturday and, without a solution, London’s mayor Sadiq Khan has warned that one of the 11 Underground lines might have to be closed.

Business leaders including Simon Carter, chief executive of British Land, Inderneel Singh, director of Edwardian Hotels London, and Baroness Minouche Shafik, director of the London School of Economics, have written to the chancellor to express “serious concerns” for the future of London’s transport system and the implications for the wider economy.

“Levelling down the country’s most powerful economic engine would hold

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2021-12-05 00:01:00Z
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