Transport for London secures £1.8bn government bailout

Government backs down on demands for fare increases in significant win for Sadiq Khan

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Transport for London (TfL) has secured a bailout from the government worth about 1.8bn just a fortnight after Boris Johnson said Sadiq Khan had effectively bankrupted" the tube and bus service in the capital.

In a significant win for the London mayor, the government has backed down on demands for fare increases, an extension of the congestion zone to cover the entire city and the scrapping of free fares for children and over-60s.