TfL has today issued an update on its funding discussions with Government

A Transport for London (TfL) spokesperson said: 'We continue to discuss our funding requirements with the government and hope these discussions can be concluded successfully soon, to enable a strong and robust recovery from the pandemic.  

'We have today (18 May 2021) agreed with the Government that our existing funding agreement will be extended until Friday 28 May so that these constructive discussions can be concluded.'