Whilst largely unconditional bailouts have been given to private train companies to get them through COVID, the Government are not giving TfL the same support and Londoners will pay the price.
All train companies have suffered drastic reductions in income during the Covid-19 emergency, but TfL is being punished more than most - and people living in the outer suburbs of London like Croydon will pay a heavy price.
The threats to the Freedom Pass and free travel for under 18s were thankfully abandoned in the temporary bailout deal, announced in November. But TfL still has to find another £160m of savings - likely to be funded by an increase in fares and council tax - and the bailout deal runs out in March.
Our guess is we’ll all be the casualties as this Conservative Government continues to play politics with our Labour Mayor ahead of the election in May 2021.