Thursday, Oct 1 2020 | Time 14:52 Hrs(IST)
image
  • India and Australia further strengthen their partnership on Skilling Agenda
  • Rupee ends strong at 73 14 against USD
  • Meghalaya CM meets Malik for induction of two ministers
  • Nadal, Thiem progress at French Open, Williams pulls out with injury
  • No question of rethinking on alliance with BJP : SAD
  • NTPC Group records double-digit growth of 13 3 pc in generation in 2nd Quarter
  • Two soldiers killed, 4 injured after Pak violates ceasefire in Kupwara
  • Blow siren before releasing water from reservoirs, police to NHPC and LJHP
  • Debating rules to be changed after Trump-Biden spat
  • Odisha reports a record 17 Covid deaths on a single day, tally rises to 2,22,734
  • Issue of seat sharing keeps both NDA and Grand Alliance restless
  • Mamata and Abhishek condemn Hathras incident involving a young Dalit girl
  • Mayawati ask centre to replace Yogi Adityanath as UP CM
  • DM, SP meet Balrampur rape victim's family, hand over compensation letter
  • Active Covid cases below 10 lakh-mark for 10th successive day
WorldPosted at: Oct 1 2020 12:45PM


London Mayor calls for $7.4Bln bailout of pandemic-hit transport system

London, Oct 1 (Sputnik) London Mayor Sadiq Khan has asked for a 5.7 billion pounds ($7.4 billion) bailout to keep the capital’s transport system running for the next 18 months given huge losses that it has suffered during the pandemic, Financial Times reported on Thursday.
In a submission to the Treasury, the mayor outlined the damage that the coronavirus restrictions had inflicted on the network, including some 90 percent fall in income from ticket sales, which "will be nowhere near returning to normal levels as long as social-distancing measures are in place."
The Labour mayor also criticized the government for excluding the capital from its recent spending announcements as part of efforts to "level up" the regions. This has made the London transport system ever more dependent on fares.
In the document, Khan also requested "urgent" support measures for other pandemic-hit sectors, like retail, hospitality, leisure and culture.
According to the newspaper, the government will likely heed the mayor’s calls, but the money for the transport system will come with strings attached, like it was the case with 1.6 billion pounds bailout in May, when Khan was obligated to agree to a rise in fares and the congestion charge.
SPUTNIK ACL1244
Tags: #London Mayor calls for $7.4Bln bailout of pandemic-hit transport system
More News
Indian Embassy in Madagascar to be the first clean and green Embassy on Gandhi Jayanti

Indian Embassy in Madagascar to be the first clean and green Embassy on Gandhi Jayanti

01 Oct 2020 | 12:44 PM

Antananarivo, Oct 01 (UNI) On the occasion of the grand finale of the 150th birth anniversary celebrations of Mahatma Gandhi, Embassy of India to Madagascar would be the first ‘clean and green’ Indian Embassy by switching to Solar Power.

see more..
Global nCoV cases surpass 33 8 mln mark

Global nCoV cases surpass 33 8 mln mark

01 Oct 2020 | 12:31 PM

Washington, Oct 1 (UNI) The number of global novel Coronavirus has surpassed 33.8 million, while the deaths have increased to nearly 1,012,900 on Thursday, the Johns Hopkins University said.

see more..
Khan tells Kabul to let bygones be bygones

Khan tells Kabul to let bygones be bygones

01 Oct 2020 | 11:54 AM

Islamabad, Oct 1(UNI) Pakistan Prime Minister Imran Khan has called upon Afghanistan's leadership to put the past behind them and restart their bilateral relationship on a fresh and positive note with a forward-looking approach, Dawn News reported on Thursday.

see more..

Bangladesh FM stresses on change of mindset to achieve peace, stability

30 Sep 2020 | 11:20 PM

Dhaka, Sep 30 (UNI) Bangladesh foreign Minister stressed a change of mindset to achieve lasting peace and stability in the world. He mentioned it in his recorded statement delivered at the Annual High-Level Meeting of the United Nations Alliance of Civilization (UNAoC) Group of Friends on 29 September 2020.

see more..
Bangladesh FM Momen calls on India to open Swadhinata Road along Mujibnagar

Bangladesh FM Momen calls on India to open Swadhinata Road along Mujibnagar

30 Sep 2020 | 9:53 PM

Dhaka, Sep 30 (UNI) Bangladesh Foreign Minister Dr AK Abdul Momen called on India to open 2 km roads along Bangladesh-India border of Mujibnagar.

see more..
image