Hitachi's UK plant looks to the world market
Sliding seats could enable passenger trains to carry goods
A1 No 60163 Tornado does 100mph
Rail Alliance drives Midlands Engine
GB Railfreight to implement Ideagen safety software
UAV survey company Bridgeway Aerial takes off
Fire at Euston Station causes nationwide rail disruption
DB Cargo UK confirms job cuts and reform
Subsea cable fault detection demonstrated to rail industry
HS2 rolling stock procurement moves forward
TfL was allocated £485m of emergency funding in March as part of a wider £518m funding allocation from the government to support urban transport operators through Britain’s third national lockdown. However, this funding was due to expire on May 18.
The funds comprised £260m of base funding, alongside additional revenue support of approximately £225m, to be paid subject to the level of passenger revenue received between April 1 and 18. The funding was in addition to a previous round of funding worth £1.8bn for the second half of the 2020-21 fiscal year, which commenced on November 5.
“We continue to discuss our funding requirements with the government and hope these discussions can be concluded successfully soon to enable a strong and robust recovery from the pandemic,” a TfL spokesperson says.
This article first appeared on www.railjournal.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2021 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.