Transport for London (TfL) chief Andy Byford will reportedly announce he is stepping down as commissioner.
ky News reports that Mr Byford’s departure from the role, which he has held since 2020, is expected to be announced Thursday morning.
It comes just weeks after Mr Byford helped secure a deal with the Department for Transport for a funding package to help the service deal with potential revenue losses caused by uncertainty about demand in the wake of the pandemic.
TfL believes the Government will receive around £1.2billion in funding by the end of March 2024 to help if passenger numbers don’t recover as planned.
However, London Mayor Sadiq Khan warned of a “significant funding gap” and announced on Wednesday that £500m would be made available to help TfL make up any deficits pending the end of the government funding deal.
Sky reports that Mr Byford informed Mr Khan a few months ago of his intention to step down and he is expected to leave before the end of the year.
Adding to the pandemic, the 57-year-old steered the organization through a number of significant challenges, including massive industrial action, the £19billion delivery of the Elizabeth Line and an influx of thousands of passengers into the capital for the Queen’s Platinum Jubilee, and after her to pay their respects to Death.
https://www.belfasttelegraph.co.uk/news/uk/transport-for-london-commissioner-andy-byford-set-to-announce-his-resignation-42008380.html Transport for London commissioner Andy Byford ‘set to announce his resignation’