Written statement to Parliament

Greater London Authority Transport Grant for 2011 to 2012

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Release of the 2011 to 2012 grant amount the government provides to Transport for London for transport services and investment in London.

The Rt Hon Philip Hammond MP

Following consultation with the Mayor of London, I have today (28 March 2011) determined the Greater London Authority Transport Grant for 2011 to 2012 at £2,804 million.

This grant is provided by the government to Transport for London to deliver transport services and investment in the capital, including London Underground.

In line with my 20 October 2010 letter to the Mayor ‘Spending Review 2010: TfL funding agreement’, £861 million of this grant is designated an investment grant to support delivery of the schemes and milestones, notably upgrade of the Tube, set out in Annex B of my 20 October letter, and the remaining £1,943 million is a general grant for the purposes of TfL.

Published 28 March 2011