The Transport Secretary has said fare increases are assumed as the “baseline” for funding talks.
The Transport Secretary said fare increases will be assumed as the “baseline” for negotiations on future funding
A post-Budget letter to the Mayor of London from Transport Secretary Louise Haigh hints that the amount of investment transport in London gets over the next few years could depend on whether Sadiq Khan agrees not to freeze fares again.City Hall said a decision on fares for next year had not yet been made.
In her letter, Ms Haigh said the government expects the mayor "to consider the full range of revenue raising powers at your disposal as part of TfL’s business planning".
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