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London bracing for cuts in Chancellor's Spending Review
- Chancellor Rachel Reeves confirmed on June 11 that Transport for London will receive £2.2 billion in capital funding between 2026 and 2030.
- This funding follows previous under-investment and comes amid concerns the Treasury did not commit to new infrastructure projects like the DLR Thamesmead and Bakerloo line extensions.
- TfL welcomed the settlement as the largest multi-year deal in over a decade, enabling new trains, signalling upgrades on 40% of the Tube, and work on critical roads, but the Mayor expressed disappointment over the lack of funding for expansion projects.
- Greenwich Council notes the DLR extension is essential to unlock thousands of new homes in Thamesmead, while London TravelWatch called the settlement a “welcome step forward” but desires further clarity on key projects.
- The funding agreement supports sustainable investment and economic growth, yet London leaders warn cutting infrastructure risks future housing shortages and urge against repeating past damaging funding approaches.
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The IndependentReposted by 
perspectivemedia.com
perspectivemedia.comSadiq Khan criticises ‘disappointing’ spending review
The mayor of London pledged to ‘continue to fight for the investment we need’.
·London, United Kingdom
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Sadiq Khan hits out at government's 'disappointing' spending review
London Mayor Sadiq Khan has criticised the government’s spending review, labelling it “disappointing.” On Wednesday, chancellor Rachel Reeves outlined the day-to-day budgets each government department would have over the next three years. The key points from Reeves’s announcement were that the day-to-day budget for the NHS in England to go up by 3% per year in real terms, equating to an additional £29bn a year, and the core schools budget in Eng…
·London, United Kingdom
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Total News Sources27
Leaning Left6Leaning Right0Center12Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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