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London public transport is on the verge of bankruptcy

... government is delayed. One option would be to issue a document complying with the article 114 of the Local Government Finance Act of 1988. In fact, by doing so, the company will declare itself insolvent. According to a TfL spokesman, the recovery of the UK from the pandemic is impossible without the revival of economic life in London. This, in turn, involves the restoration of the transport arteries of the capital. Currently, the number of people using public transport services remains very small. For ...

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