Further cuts to bus routes in inner and central London may be necessary to reduce unsustainable levels of subsidy, Transport for London has said.
TfL’s new business plan forecasts that the operating deficit on the capital’s bus services will rise from £638m in 2017/18 to £723m in 2020/21.
“This will be the highest annual bus subsidy in our history and represents an increase of more than 25 per cent since 2015/16,” it says, blaming the rise...
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