A drastically reduced nightmare scenario tube And the bus service And outlined the end of all new cycle plans on Wednesday night Sadik Khan.
Except for the plans already under construction, all proposed circular plans will be cancelled.
Due to lack of cash for repairs, major roads such as the Rotherhithe Tunnel, A40 Westway and A12 Gallows Corner flyover will also be at risk of closure.
Kings Cross in 1987
/ GLAThe mayor said that this is because Transport for London has discovered a funding gap of 1.3 billion pounds. Unless the government guarantees cash to maintain the capital’s transport network after April 2023, it will have to introduce a “managed decline” strategy.
A TfL source said that in the absence of financial guarantees, cuts must be made “very quickly.” “We only have less than 30 days to save London’s recovery,” a source said.
The effect will be to “pull London back to the 1970s and 80s”-an age of aging, infrequent and unreliable transportation networks.
Shepherd Bush in 1980
/ GLATfL has been required to achieve a break-even in daily income and expenditure by April 2023, and the fare must match the operating cost.
But starting from 2023/24, it needs 1.3 billion pounds of capital funds to pay for the long-term maintenance of its assets, from subway stations and trains to major roads and bridges.
In last month’s budget, TfL did not receive any capital funds. The head of the transportation industry said that it is now necessary to prepare for the suspension of government funding.
The potential impact was revealed in a paper published on Wednesday night before the TFL Finance Committee meeting next week.
Tottenham Court Road, Central Line 1990
/ GLATfL’s current six-month operational rescue plan will end on December 11. The organization seeks 500 million pounds for the remainder of the fiscal year and 1.2 billion pounds in 2022/23 to maintain service levels.
Before negotiations are finalized, terrible warnings are commonplace, but it is said that the concerns expressed on Wednesday about the lack of funding for capital projects are of varying degrees.
As the pandemic eases, the return of passengers to public transport has been slower than expected, which has exacerbated concerns. The subway passenger flow is 65% of normal conditions, and the number of buses is 71% of normal conditions.
The rising cost of inflation-reaching 4.2% today-also raises concerns about how it affects TFL’s supply chain.
A subway train in service in Ongar in the 1980s
/ GLAIt takes time to reduce the cost of bus services, as route negotiation usually takes about five years.
The Piccadilly Line signal upgrade, which currently has no financial support, will also have to be abandoned, and further stepless plans at subway stations will be stopped.
Mr. Khan said: “Transport for London is responding to the unprecedented financial crisis caused by the pandemic.
“We are now less than a month away from the expiration of TfL’s emergency funding agreement on December 11. Unless the government provides the long-term funding needed to maintain the public transportation network, we have no choice but to drastically cut services. Like demand grows again.
“For Londoners, this means fewer, more frequent, and run-down bus and subway services, making it more difficult to travel around the city. The lack of funds to maintain critical transport infrastructure also means more Roads and tunnels are closed.
“The widespread destruction and deadlock that all these changes will cause will not only impose unfair punishments on millions of Londoners due to the financial impact of the pandemic on TfL, but also put the country’s economic recovery at risk.”
London Transport Commissioner Andy Byford said: “Without a recovery in London, the UK will not recover from the pandemic. If the capital does not have a well-funded transport network, there will be no recovery in London. During the epidemic, our employees worked tirelessly to keep the service running, and the demand for public transport in London continued to recover and grow, and now the demand is often reached 70% of pre-pandemic levels.
“The government is investing in improving transportation across the country. We welcome this. Transport for London is ready to help the government deal with challenges outside the capital. But the failure to provide stability and certainty to TfL means that we are now in a decline in London’s traffic management. The edge of the period.
“I directly understand the damage that underinvestment can cause to the urban transportation system, because during my tenure as president of the New York City Department of Transportation, I had to struggle with outdated signal systems, dilapidated infrastructure, and insufficient capacity.
“I have repeatedly warned that if Transport for London is short of funds, similar situations can easily happen to London. If there is no meaningful continuous investment, we will see a destructive vicious circle of underinvestment and service cuts, dragging London back to the 1970s. And the era of aging, infrequent and unreliable transportation networks in the 1980s.
“The combination of declining public transport services, deteriorating road conditions and closing of road assets will cause widespread destruction and deadlock the city, harm the economy of London and the UK, and put London at a disadvantage in the competition with global competitors.
“For the benefit of London and the United Kingdom, Transport for London and the Mayor are ready and willing to cooperate with the government, but the government must take immediate action to save the economic recovery.”
