
There are deadlines and there are deadlines. And then there is whatever is going on between the Government and Transport for London.
Grant Shapps had given TfL until lunchtime today to accept or reject a multi-billion-pound bailout. ‘Lunchtime’ lacks the precision or uniformity of the ‘eleventh hour of the eleventh day of the eleventh month’ to mark the cessation of hostilities, and given that 4pm has been and gone, we can safely assume the deadline has passed.