Transport for London

Transport for London (TfL) is a local government body responsible for most of the transport network in London, United Kingdom.

Transport for London
AbbreviationTfL
Formation3 July 2000 (2000-07-03)
(Greater London Authority Act 1999)
TypeStatutory corporation
Legal statusExecutive agency within GLA
PurposeTransport authority
Headquarters5 Endeavour Square
London
E20 1JN
Region served
London, England
Chairman
Mayor of London
(Sadiq Khan)
Andy Lord
Main organ
Parent organisation
Greater London Authority (GLA)
Budget
2019–20: £10.3 billion (47% of this from fares)
Staff
28,000
Websitetfl.gov.uk

Since its creation in 2000 as part of the Greater London Authority (GLA), TfL has been responsible for operating multiple urban rail networks, including the London Underground and Docklands Light Railway, as well as London's buses, taxis, principal road routes, cycling provision, trams, and river services. It does not control all National Rail services in London, although it is responsible for London Overground and Elizabeth line services. The underlying services are provided by a mixture of wholly owned subsidiary companies (principally London Underground), by private sector franchisees (the remaining rail services, trams and most buses) and by licensees (some buses, taxis and river services). Fares are controlled by TfL, rail services fares calculated using eleven zones across the capital.

TfL has overseen various initiatives and infrastructure projects. Throughout the 2000s, a new radio communication system was implemented across its underground lines. Passenger convenience systems, such as the Oyster card and contactless payments, were also provisioned around this time. During 2008, the consumption of alcohol was banned on TfL services; this move has led to a decrease in anti-social behaviour. On 16 August 2016, TfL oversaw the launch of the Night Tube scheme, which introduced through-the-night services on both the London Underground and London Overground. Perhaps the biggest undertaking it has been responsible for, in this case shared jointly with the national Department for Transport (DfT), was the commissioning of the Crossrail Project; since its completion in 2022, TfL has been responsible for franchising its operation as the Elizabeth line.

In addition to the GLA, the central British government used to provide regular funding for TfL, however this was tapered off during the 2010s with the aim of the organisation becoming self-sufficient. Direct central government funding for operations ceased during 2018. During 2019–2020, TfL had a budget of £10.3 billion, 47% of which came from fares; the remainder came from grants, mainly from the GLA (33%), borrowing (8%), congestion charging and other income (12%). In 2020, during the height of the COVID-19 pandemic, fare revenues dropped by 90% and TfL obtained multiple rounds of support from the British government. It also responded with various cutbacks, including a proposal for a 40% reduction in capital expenditure.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.