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Is London transport privately owned?

We are the local government organisation responsible for most aspects of London's transport system. These pages detail how we are run, funded and governed, who we work with and our future plans.



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London is known for its integrated system, which is owned by Transport for London (TfL), an umbrella government body. Certain services, like bus operations, are franchised to private companies, but still operate within TfL's control.

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London is known for its integrated system, which is owned by Transport for London (TfL), an umbrella government body. Certain services, like bus operations, are franchised to private companies, but still operate within TfL's control.

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256. Paragraph 1 of Schedule 10 provides that TfL is not to be regarded as the servant or agent of the Crown or as enjoying any status, immunity or privilege of the Crown and its staff and property are not to be regarded as civil servants or property of the Crown.

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Privately owned railways are still the majority across the UK, but the number of nationalised services has risen steadily since 2018. Yet it is possible for incremental shifts towards state ownership of Britain's railway services to align with left-centrist fiscal policies.

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In 1992 the government announced that the subsidiaries would be sold into the private sector and by 1994 the privatisation of LBL was completed.

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Operated by MTR Elizabeth line (MTREL), a 100% subsidiary of MTR Corporation, the Elizabeth line is part of the TfL network and has interchanges with the London Underground, DLR, London Overground and National Rail services.

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TfL lost 95% of its fares income when the pandemic hit, and while passenger numbers on the Tube have recovered to roughly 65% of normal use, the transport body continues to struggle because “many commuters have not returned to a five-day week while there are few international tourists”, said the Standard.

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The average Transport for London salary ranges from approximately £27,699 per year for Administrative Assistant to £73,565 per year for Software Engineering Manager. The average Transport for London daily wage ranges from approximately £80.00 per day for Business to £391 per day for Senior Data Modeler.

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Free travel for you and a nominated partner/family member on the TfL network. A 75% discount on National Rail Season Ticket and interest-free loan. Minimum of 29 days annual leave plus public holidays. Private healthcare discounted scheme - optional.

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