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1666236

registered interest
date	19/10/2023
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Transport for London: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Transport, whether he has held recent discussions with the Mayor of London on the financial sustainability of Transport for London.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	203480
answer	answer is ministerial correction date of answer 24/10/2023 answer text <p>I met with the Deputy Mayor of London for Transport on 12 July 2023 to discuss Transport for London’s progress to financial sustainability, which they expect to reach by the end of the current financial year.</p><p> </p><p>The Department has regular engagement with Transport for London to monitor the terms of the current funding settlement.</p> answering member constituency North West Durham answering member printed Mr Richard Holden question first answered 24/10/2023 11:15:51 answering member 4813 label Biography information for Mr Richard Holden
tabling member	4006 label Biography information for Dr Matthew Offord

1659312

registered interest
date	08/09/2023
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Transport for London: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Transport, if he will make it his policy to introduce a new funding formula for Transport for London from April 2024 that reduces its reliance on passenger fares.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	198488
answer	answer is ministerial correction date of answer 13/09/2023 answer text <p>Transport in London is devolved to the Mayor of London and therefore any decisions on reducing Transport for London’s reliance on passenger fares are for him to make.</p> answering member constituency North West Durham answering member printed Mr Richard Holden question first answered 13/09/2023 13:52:12 answering member 4813 label Biography information for Mr Richard Holden
tabling member	4006 label Biography information for Dr Matthew Offord

1659058

registered interest
date	07/09/2023
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Transport for London: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Transport, how much funding the Government has provided to Transport for London in each of the last five years.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	198353
answer	answer is ministerial correction date of answer 13/09/2023 answer text <p>The government has provided £7.314 billion in transport grant and loans, in the last 5 years, to support TfL.</p><p> </p><p>This can be broken down as follows:</p><p>19/20 £27m</p><p>20/21 £3.927bn</p><p>21/22 £1.901bn</p><p>22/23 £909m</p><p>23/24 £550m</p><p><strong> </strong></p><p><strong> </strong></p> answering member constituency North West Durham answering member printed Mr Richard Holden question first answered 13/09/2023 15:26:04 answering member 4813 label Biography information for Mr Richard Holden
tabling member	4006 label Biography information for Dr Matthew Offord

1471685

registered interest
date	20/06/2022
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	Transport for London: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Transport, if he will make it his policy to introduce a new funding model for Transport for London.
tabling member constituency	Hendon
tabling member printed	Dr Matthew Offord
uin	21171
answer	answer is ministerial correction date of answer 28/06/2022 answer text <p>The Government’s extraordinary funding settlements recognise the reliance of London’s transport network on fare revenue, and Government is committed to compensating TfL for loss of fare revenue as a result of the pandemic. Since the onset of the pandemic, Government has provided TfL with close to £5 billion of emergency funding support, through settlements agreed in May 2020, October 2020, June 2021 and February 2022.</p><p>In addition to these emergency funding settlements, the 2021 Spending Review settlement for London provides over a billion pounds of capital investment per year, in line with previous funding.</p><p>In accordance with the 25 February 2022 extraordinary funding agreement, Government is considering a longer-term settlement for TfL for a period of 1-3 years in a way that is fair to the national taxpayer and provides value for money.</p><p> </p> answering member constituency Copeland answering member printed Trudy Harrison question first answered 28/06/2022 09:43:14 answering member 4593 label Biography information for Trudy Harrison
tabling member	4006 label Biography information for Dr Matthew Offord