
It is no way to run a city, let alone the country’s economic powerhouse. The latest short-term funding deal for TfL runs out tomorrow. Without a new agreement, the Mayor says that the network will have no choice but to enter a period of “managed decline” that could overturn years of progress.
It would, he says, mean cuts to scores of vital bus routes at a time when people are desperate to find cheaper transport and the Government claims to want to see workers return to city centres. And as for developments such as Crossrail 2 or the Bakerloo line extension? Forget about it.