New City Hall analysis has painted a dire picture of the economic and social effects on the capital should Transport for London (TfL) be forced to move to a ‘managed decline’ scenario if the Government does not provide the emergency and long-term funding required to maintain the capital’s transport services (LTT 2 Dec).
GLA Economics and TfL have analysed the implications. They say over a ten-year appraisal period, the lost transport and highway user benefits associated with...
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