An extension of the Docklands Mild Railway is also at chance, the report concluded.

Crossrail two, a proposed £40bn north-south line, and an extension of the Bakerloo tube line have by now been put on maintain. 

Mr Khan had sought a £15.8bn extended-phrase funding offer to maintenance TfL’s funds and make it possible for it to proceed with a collection of poorly necessary upgrades.

The authority, which is approximately twice as dependent on fare income as related-sized towns overseas, was hit challenging by the pandemic. It has by now been given virtually £4bn of taxpayer handouts.

But the Authorities alternatively supplied £1.08bn to continue to keep the Tube, trains and buses operating until December. In return, Mr Khan agreed to evaluation the feasibility of driverless Tube trains, raise fares and slash fees.

A spokesman for Transport for London reported: “We go on to operate with the Authorities on our for a longer time phrase funding so we can program effectively for London’s foreseeable future. We are providing transformative additions and enhancements across the transportation community, these kinds of as completing the Elizabeth line, the Northern Line Extension, the extension of London Overground to Barking Riverside, new signalling on the Circle, District, Hammersmith & Town and Metropolitan strains, and the Bank Station Upgrade.

“Our Fiscal Sustainability System, posted in January this year, sets out what we require to supply and outlines how extended-phrase funding certainty will help us to supply these economically and effectively. Having said that, the enhancement of new important tasks, which are crucial for decarbonisation, improving air high quality and supporting new houses and employment, is reliant on the consequence of discussions more than our for a longer time phrase funding.”