When Sadiq Khan published his last mayoral manifesto, his paramount concern was restoring Transport for London’s Covid-crippled finances. Now TfL is about to post a £162 million annual “operating surplus” and its executives are waiting eagerly to see if they have done enough to earn themselves bonuses (they will find out later this month, when TfL’s performance is measured against a series of “scorecard” targets).
It’s a far cry from the situation in 2021. Mr Khan entered that year’s mayoral elections — delayed a year by the pandemic — with TfL surviving day-to-day thanks to government bailouts that ended up totalling more than £6 billion.
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