Table of Contents
Is the London Underground government owned?
The current operator, London Underground Limited (LUL), is a wholly owned subsidiary of Transport for London (TfL), the statutory corporation responsible for the transport network in London. As of 2015, 92% of operational expenditure is covered by passenger fares.
Who is TfL owned by?
Greater London Authority
Transport for London
| Abbreviation | TfL |
|---|---|
| Parent organisation | Greater London Authority (GLA) |
| Budget | 2019–20: £10.3 billion (47% of this from fares) |
| Staff | 28,000 |
| Website | tfl.gov.uk |
Who paid for the London Underground?
Grants (including Crossrail funding) make up 33% of our funding in 2019/20 and are received from central and local government. The main sources are: Business Rates Retention, which is funded from a proportion of local business rates and paid to us from the GLA.
Is the London Underground actually underground?
There are 270 stations on the Tube network, but more than half are actually above ground. Transport for London (TfL) revealed the Victoria line and Waterloo and City line are the only lines that are completely underground.
Does the tube make a profit?
‘We reinvest all our income in running and improving transport in London. ‘ He adds that for every pound the Underground receives, 68p is spent on the everyday running costs of the network (staff costs, electricity, cleaning up sick and so on). So, yes, the tube makes money – but not a profit.
How much do TfL make a year?
Transport for London passenger income 2015-2021 Overall, TfL generated revenue worth 1.6 billion British pounds from all the services in the financial year 2020/21. Around 296 million passenger journeys were made on the London Underground in 2020/21. The majority of which were carried out by ordinary ticket holders.
Does London Underground make a profit?
London Underground fares were the greatest contribution to overall revenue of Transport for London (TfL). The Tube reported a passenger income of 650 million British pounds in the financial year 2020/21, down from 2.7 billion reported a year earlier.
Which underground line is the longest?
the Central line
The longest line on the London Underground is the Central line at 54.9km. That means the longest continuous journey that you can take without changing is from Epping in Essex, to West Ruislip, in Hillingdon.
Why is most of the tube north of the Thames?
In other words, the original purpose of the tube to connect rail termini with the City. And given that most of the country is north of London, it makes sense that most of the big railway stations are in the north of London. And so, the first tube lines were in north London, too.
Who is the current operator of the London Underground?
The current operator, London Underground Limited (LUL), is a wholly owned subsidiary of Transport for London (TfL), the statutory corporation responsible for the transport network in Greater London.
When did the London Underground become the London Transport Board?
In 1933, most of London’s underground railways, tramway and bus services were merged to form the London Passenger Transport Board, which used the London Transport brand. The Waterloo & City Railway, which was by then in the ownership of the main line Southern Railway, remained with its existing owners.
What are the names of the London Underground lines?
Lines Name Map colour Opening date Type Number of stations ×1000, 2016/17 ×1000, 2016/17 Bakerloo line Brown 1906 Deep tube 25 Central line Red 1900 Deep tube 49 Circle line Yellow 1871 Sub surface 36
Where are the rolling stock on the London Underground?
London Underground lines Line Stock Start Refurbishment Fleet size Metropolitan S8 2010–2012 — 58 Northern 1995 1998–2000 2013–2015 106 Piccadilly 1973 1975–1978 1996–2001 86.5 Victoria 2009 2009–2011 — 47