Transport for London is set to receive a £1.6bn bailout after warning of deep cuts to services.
London’s mayor, Sadiq Khan, had said that without a financial rescue package the transport authority risked running out of money.
The £1.1bn grant and £500m from the Department for Transport “comes with strings attached”, forcing TfL to agree to return all transport services to pre-pandemic levels, higher than the 75% promised by Khan.
