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Transport for London Extraordinary funding and financing update

20 July 2020

Proposing MP
Grant Shapps Con
Welwyn Hatfield
Type
Written Ministerial Statement
Department
Department for Transport
View on Parliament.uk -->

At a Glance

Issue Summary

The statement provides an update on the extraordinary funding and financing agreement made with Transport for London (TfL) in May 2020, including details about a Government-led review of TfL's financial position and structure.

Action Requested

I am pleased to announce the appointment of two Government Special Representatives, Andrew Gilligan and Clare Moriarty, who will attend TfL Board meetings and its Finance and Programme Investment Committees. The Terms of Reference for the Government-led review have also been published.

Key Facts

  • I wrote to the House on 18 May 2020 to share details of the extraordinary funding and financing agreement with Transport for London (TfL).
  • Two Government Special Representatives, Andrew Gilligan and Clare Moriarty, will attend TfL Board meetings and its Finance and Programme Investment Committees.
  • Clare Moriarty is a former civil servant who has been Permanent Secretary at various departments including DExEU and DEFRA.
  • Andrew Gilligan advises the Prime Minister on transport matters and worked as Cycling Commissioner for London.
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