London Mayor Boris Johnson has dropped plans to cut the grant paid to London boroughs for small-scale transport improvements from £155m this year to £120m in 2013/14.
Johnson has now confirmed that the Local Implementation Plan budget will fall to £147.8m in 2011/12, a figure that will be maintained in 2012/13 and 2013/14. TfL will be writing to the London boroughs shortly to advise on how the additional funding will be allocated.
Johnson last week announced £4m would...
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