Transport For London Government Funding Discussions (6487U)
02 8월 2022 - 8:42PM
UK Regulatory
TIDM40CT
RNS Number : 6487U
Transport For London
02 August 2022
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014 (as it
forms part of Retained EU Law as defined in the European Union
(Withdrawal) Act 2018).
Transport for London ("TfL")
02 August 2022
Government Funding Discussions
TfL announces that discussions with the Department for Transport
(the "DfT") in relation to our future funding requirements are
ongoing and that TfL remains in a position to meet its operational
and contractual obligations in the near term, whilst discussions
conclude.
On 22 July 2022 TfL announced that DfT had provided TfL with a
draft proposal for a Long Term Funding Settlement, the terms of
such proposal being subject to agreement and that TfL would review
the proposal..
On 28 July 2022 TfL announced that the current extraordinary
funding and financing agreement between TfL and the DfT had been
extended to Midday on 03 August 2022.
TfL continues to review the draft DfT proposal and discuss
funding requirements with DfT for the period beyond Midday on 03
August 2022, and will provide an update in due course.
For further information, please contact:
Transport for London
5 Endeavour Square
London
E20 1JN
Email: GroupTreasury@tfl.gov.uk
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