If Londoners are to pay for TfL’s lost fare revenue, City Hall has a chance to gain more fiscal autonomy

Travers, T.ORCID logo (11 October 2021) If Londoners are to pay for TfL’s lost fare revenue, City Hall has a chance to gain more fiscal autonomy. LSE COVID-19 Blog.
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Ministers want Londoners to pay for a significant part of the catastrophic shortfall in fare revenue that their transport system suffered during the pandemic. Tony Travers (LSE) says that giving the mayor additional sources of revenue would reduce City Hall’s reliance on the Treasury and give the capital some much-needed autonomy.

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