Congestion Charge hike nets TfL an additional £86m : vi

Congestion Charge hike nets TfL an additional £86m


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Changes to the London Congestion Charge introduced in June 2020 led to an £86m revenue boost for Transport for London (TfL), last year.
A leaked email by Heidi Alexander, the deputy mayor for transport, seen by Autocar Magazine shows that TfL is projecting an additional £113m of income “as a consequence of implementing the temporary changes to the Congestion Charge” if they were to be in place until April 2021, including the £86m that was generated during 2020.
Autocar reported that the email also confirmed the boost in revenues “takes account of the cost to TfL of implementing the temporary changes as well as the reduction in traffic volumes and temporary suspension due to the pandemic”.

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