Transport for London funds fears of Boris Johnson’s plea for make money working from home London Night Commonplace

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Oris Johnson’s plea for people to “work from home when they can” to contain the second wave of Covid is feared that will disrupt transportation for London’s financial recovery efforts.

TfL saw incomes plummet 90 percent in the first phase of the pandemic when Londoners were told to avoid public transport. The government called for a £ 1.6 billion bailout to keep buses and subways running.

Mayor Sadiq Khan is now aiming for an additional £ 4.7bn – £ 1.8bn to keep the services running through the end of next March and another £ 2.9bn for FY 2021/22.

TfL’s finances had recovered faster than expected. The combined revenue from subway, bus and rail fares plus the congestion charge since April has been £ 35m higher than hoped – even though passenger journeys were overall “well below” compared to last year, which is £ 45m less one Week.

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TfL’s chief financial officer, Simon Kilonback, said in a report to tomorrow’s TfL finance committee that “the outlook for the year remains uncertain” with significant numbers of employees not returning to their offices, the rule of six and the curfew at 22 o clock.

He said that “the recent tightening of restrictions on the food and hospitality sector, coupled with updated guidelines for working from home, if possible, makes a recovery this year increasingly unlikely”.

The latest passenger numbers show that bus and subway journeys have fluctuated daily since the Prime Minister’s announcement a week ago.

London Coronavirus Cases: Slopes in all boroughs make new restrictions more likely

Yesterday there were 732,000 subway trips in the morning, three percent fewer than the previous Monday, which corresponds to 32 percent of normal demand.

In yesterday’s morning peak there were 964,000 bus trips, one percent less than on the same day last week and 55 percent of normal demand.

Heidi Alexander, the deputy mayor for transport, said TfL’s tariff daily income had fallen from £ 13m per day a year ago to £ 5m per day.

The mayor is hoping for an announcement from the transport ministry on long-term funding for TfL this week. Since 72 percent of the TfL budget comes from tariff income, many projects are at risk.

TfL believes the social distancing rules – which limit the number of people who can get on a bus – will apply until next May, when hopefully a vaccine will be in production.

Businesses and passenger groups today urged the government to be compassionate about TfL’s needs in light of the “work from home” rule.


London during coronavirus lockdown – In pictures

A woman jogging near London City Hall the day after Prime Minister Boris Johnson’s start imprisoned the UK

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A picture of Queen Elizabeth II and quotes from her Sunday broadcast to the UK and Commonwealth related to the coronavirus epidemic are displayed on lights in London’s Piccadilly Circus

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A pedestrian passes a billboard reading “Please believe these days will go by” in Broadway Market in East London

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Military vehicles cross Westminster Bridge

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Boris Johnson

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Sun-seekers cool off in the water and sunbathe on the banks of the Hackney Marshes in East London

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Ed Davey is shown on screens videolinking during the Prime Minister’s Questions at the House of Commons, London

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A herd of fallow deer grazes on the lawns outside a housing estate in Harold Hill in East London

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A woman wearing a mask crosses a bridge over Camden Lock, London

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An empty Millennium Bridge

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A sign that reads “How will we survive on earth?” is seen on a subway platform

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People are pushing to enter the Niketown store in Londo

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Jo Proudlove and daughter Eve, 9, follow the daily online exercise course “PE with Joe” Joe Wickes on “Fancy Dress Friday”

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Westminster Police

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Waterloo Station looks empty

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A quiet parliament square

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PABest A man walks down a passageway at Oxford Street Underground Station in London, the day after Prime Minister Boris Johnson put Britain in lockdown to curb the spread of the coronavirus

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Social distancing markings around the camel enclosure at ZSL London Zoo

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A police car patrols Greenwich Park, London

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The Premier League in action in front of empty stands

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Novikov restaurant in London with the shutters down while the restaurant is closed.

An abandoned Piccadilly Circus

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A general view shows an abandoned Trafalgar Square

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The iconic Abbey Road intersection is seen after being repainted by a Highways Maintenance team using the COVID-19 coronavirus lockdown and the quiet streets to freshen up the markings

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A view of 20 Fenchurch Street (the “Walkie Talkie” building) in the City of London, a day after Prime Minister Boris Johnson put Britain in a lockdown to curb the spread of the coronavirus

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A person looks at graffiti in a JD Wetherspoon pub in Crystal Palace in south London. Wetherspoons employees have described the lack of support from founder Tim Martin for the 40,000 employees in his chain as “absolutely outrageous”.

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London’s ExCel center that has been converted into a makeshift NHS hospital and intensive care unit to deal with the coronavirus pandemic

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The Palace Theater, usually home to Harry Potter and the Cursed Child, is on a deserted Shaftesbury Avenue

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The Sondheim Theater, which usually shows the musical Les Miserables, is on a deserted Shaftesbury Avenue

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Two members of a British Army regiment train their horses in Parliament Square

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Westminster Bridge is deserted

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A quiet Canary Wharf tube station

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An empty street and bus stop in St. James’s Park

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A quiet Canary Wharf tube station

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A single pedestrian passes the National Gallery

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London Bridge Station

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Kings Cross and St Pancras

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Buckingham Palace looking empty in London

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London Bridge Station

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Kings Cross and St Pancras

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London Bridge Station

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Carnaby Street in London is empty as shops closed after a lockdown was announced to stop the spread of the coronavirus in the UK

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A quiet jubilee line to the west

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A single pedestrian passes the National Gallery

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A quiet Canary Wharf tube station

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Empty dam

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Ros Morgan, executive director of the Heart of London Business Alliance, which represents 500 of the largest companies in London’s West End, including The Ritz and Fortnum & Mason, told Standard: “The current system of annual emergency regulations is holding back economic growth. The government needs a new longer term deal with London first. “

Emma Gibson, Director of London TravelWatch, said: “TfL’s budget planning included a second wave of Covid in the winter, but also assumes that tariff revenues will be back to 80 percent by the end of next year.

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“The Prime Minister’s encouragement to go back to work has so far resulted in a slight decline in demand, but it is evident that there is more uncertainty about how much TfL can raise from collective bargaining revenues. Having the money to keep the Tube and buses up to date is critical not only to London’s recreation, but also so that Londoners can use public transport in a socially distant way. “

However, Tory mayoral candidate Shaun Bailey said, “Even before Covid hit, TfL’s passenger hours were down and debt was up. Over 500 employees received £ 100,000. Instead of calling for rescue after rescue, Sadiq Khan should start efficiently managing TfL. “