Written question asked by Andrew Rosindell (Conservative) on Thursday, 10 December 2020, in the House of Commons. It was due for an answer on Monday, 14 December 2020. It was answered by Baroness Maclean of Redditch (Conservative) on Thursday, 17 December 2020 on behalf of the Department for Transport.

Transport for London: Finance

Question: To ask the Secretary of State for Transport, what discussions he has had with Transport for London on the (a) recent decision to reduce expenditure on asset management in the next financial year and (b) implications of that decision for urgent road network upgrades and road safety in London.

Answer: As transport in London is devolved, it is for the Mayor and TfL to assess the merits of capital projects including asset management expenditure and any implications for road safety. As part of the recent Emergency Funding Agreement with Government, by 11 January 2021 TfL will produce a single, comprehensive management plan with options as to how a trajectory to financial sustainability by 2023 can be achieved, including their contribution to capital projects within London.

Secondary information

Type: Written question
Reference: 128097
Session: 2019-21
Subjects: Finance Greater London Roads Repairs and maintenance Transport for London
Link: View this Written question on www.parliament.uk