Richmond Park and Twickenham MPs Sarah Olney and Munira Wilson have today written to the Secretary of State for Transport, Grant Shapps, sharing concerns of businesses about the future of funding for Transport for London (TfL).
New measures that may be introduced as part of TfL's new bailout package from the Government include:
- increased fares
- the widening of the congestion charge zone to the north and south circulars both of which will deter people from travelling into London and will undoubtedly hamper economic recovery in the capital.
Research from London Chamber of Commerce and Industry shows support from businesses for TfL being run by the capital's devolved Mayor, whatever political party they may represent.
London businesses also want to see the return of consistent central government financial support, with 67% of firms stating that the grant which was relinquished in 2018 should be started again.
More news from our MP: Our plan to get vital bridge reopened quickly - Sarah Olney and Gareth Roberts
Sarah said: "Many businesses are already suffering and will continue to suffer as a result of the pandemic. It simply does not make sense to add to their burden.
"The collective interests of Londoners and London's businesses need to be put at the front and centre of the negotiations regarding both short and long term funding for TfL.
"Now is not the time for partisan politics. It is vital for businesses and the communities they serve that the government urgently provides the funding needed to sustain London's transport network.
"No one wants to see businesses fail unnecessarily."
[i]Many thanks to Sarah who contributed this piece for Richmond Nub News.
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