New trains for the Piccadilly line and Bakerloo line could be delayed unless the Government plugs a £500m gap in Transport for London’s investment budget, it can be revealed.
TfL is desperately seeking assurances about long-term capital funding from next April. It wants a five-year deal to allow it to plan major improvements and capacity upgrades, including £500m for the first year, but has received “not a penny” to date.
