It seems Transport for London’s drive to remove the most polluting vehicles from the capital’s roads has been more successful than expected.
But, according to London’s financial newspaper City AM, that has had an effect on “blowing a £600 million hole in TfL’s finances”.
The paper says early indications suggest “greater compliance of vehicles and fewer journeys by polluting vehicles” than had been originally part of the projections.”
It says the lower-than-expected fee revenue has therefore seen TfL downgrade income projections from the zone by £300m in 2022/23, £200m in 2023/24, and £100m in 2024/25.
(Picture – Yay Images)