Transcription of Financial Sustainability Plan
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Financial Sustainability Plan
Financial Sustainability Plan11 January 20211 Contents Commissioner s Foreword 7 Executive Summary 81 Chapter 1: Strategic Context 8 2 Chapter 2: Impact of the pandemic and potential future scenarios 9 3 Chapter 3: Economic fundamentals of TfL business areas 12 4 Chapter 4: Becoming an economic and efficient operator and the public service obligation 16 5 Chapter 5: Achieving Financial Sustainability 17 6 Chapter 6: Bridging the gap 20 Context21 Chapter Summary21 TfL s vital role in London21 TfL and the London economy22 Benefits of London and TfL to the wider UK economy24 TfL s key role in supporting wider Government objectives27 Consequences of underinvestment and risks of increased congestion30 A critical period for transport and London and the wider UK economy30 of the pandemic and
Jan 11, 2021 · act of the coronavirus pandemic on demand and revenue in 2020/21Imp 35 cenarios for medium to long term demand and revenueS 37 ure scenarios for the financial sustainability gapFut 41 3. Economic fundamentals of TfL business areas 51 hapter SummaryC 51 ses and streetsBu 52 ail, Tube and Elizabeth lineR 59 roperty and LandP 68 4.
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