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Evening Standard
Evening Standard
World
Joe Talora

TfL given one week to consider Government’s ‘final’ funding offer

Some TfL services will be disrupted over August bank holiday weekend.

(Picture: AFP via Getty Images)

TfL has been given one week to decide whether to accept the Government’s “final offer” of a long-term funding settlement.

Transport Secretary Grant Shapps confirmed on Thursday evening he had accepted TfL’s request to extend the existing £200 million bailout agreed in February until Wednesday August 3 while officials pore over the draft long-term deal.

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