Spending Review Phase 1 Outcome FY25/26

Transport For London
30 October 2024
 

Transport for London (TfL)

 

30 October 2024

 

Transport for London - Spending Review Phase 1 Outcome FY25/26

 

 

TfL announces that a capital funding settlement of £485m has been provided by the Department for Transport to enable TfL to continue to deliver its current capital programme and its committed major capital projects, and is inclusive of funding for the procurement of additional Elizabeth line trains as per the settlement letter dated 14 June 2024.

 

 

A copy of the letter setting out the capital funding settlement under phase 1 of the spending review for 2025/26, dated 30 October 2024, will shortly be available from the following page of our website:

 

 https://tfl.gov.uk/info-for/investors/funding-letters

 

 

For further information, please contact:

 

Transport for London

5 Endeavour Square

London

E20 1JN

Email: GroupTreasury@tfl.gov.uk

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