In the recent Spending Review, London Mayor Sadiq Khan expressed disappointment over the lack of funding for new transport infrastructure projects. Although Transport for London received a four-year funding settlement of £2.2 billion, which will enhance planning and upgrades, no new transport projects such as the Bakerloo line extension were financed. The government emphasized investments in affordable housing and health, pointing out that they have prioritized old infrastructure projects over new ones that Khan hoped for.
TfL's new four-year spending settlement allows it to plan effectively for the future, focusing on critical improvements and upgrades in London’s transport infrastructure.
The government has allocated funding for affordable homes and the NHS, but this spending review showed that new transport infrastructure projects were not prioritized.
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