What does TFL mean in Transportation?

Transport for London

Transport for London (TfL) is a local government body responsible for the transport system in Greater London, England.TfL has responsibility for London's network of principal road routes, for various rail networks including the London Underground, London Overground, Docklands Light Railway and TfL Rail. It does not control National Rail services in London, however, but does control London's trams, buses and taxis, for cycling provision, and for river services. The underlying services are provided by a mixture of wholly owned subsidiary companies (principally London Underground), by private sector franchisees (the remaining rail services, trams and most buses) and by licensees (some buses, taxis and river services). TfL is also responsible, jointly with the national Department for Transport (DfT), for commissioning the construction of the new Crossrail line, and will be responsible for franchising its operation once completed.In 2019–20, TfL had a budget of £10.3 billion, 47% of which came from fares. The rest came from grants, mainly from the Greater London Authority (33%), borrowing (8%), Congestion Charge and other income (12%). Direct central government funding for operations ceased in 2018. In 2020, during the COVID-19 pandemic in the United Kingdom, TfL sought urgent government support as fare revenues dropped 90%.

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