US EditionTfL optimistic despite poor passenger number growth
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TfL optimistic despite poor passenger number growth
The UK’s poor economic performance is hitting passenger growth and threatening Transport for London’s target to break even on day-to-day spending in 2025/26 for an unprecedented third year in succession, the TfL board heard last week, with the network’s operating surplus for next year now forecast to be just £5 million. Detailed budget papers presented to the board highlighted the impact of a cocktail of sluggish GDP growth – just 0.2 per cent i…
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