Lilian Greenwood – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Lilian Greenwood on 2016-01-28.

To ask the Secretary of State for Transport, how much his Department’s financial contribution is to Transport for London related to its decision to raise the cost of regulated rail fares in London by the rate of the Retail Price Index.

Mr Robert Goodwill

The 2015 Spending Review settlement confirmed that the Government will be providing around £11 billion of support to Transport for London (TfL) over the period from 2015/16 to 2020/21. In determining the overall amount of support for TfL, my Department and HM Treasury took into account a wide range of factors, including TfL’s likely income from rail fares.