Transport for London Bill [Lords]

I reiterate that the Department supports TfL’s commercial programme. We want TfL to maximise its unique position to ensure that its assets generate revenues to their greatest potential. Giving TfL greater financial flexibility will provide it with the opportunity to run its business in a more efficient way, to the benefit of taxpayers and fare payers. For those reasons, the Government continue to support the Bill and do not support the amendments tabled by the hon. Member for Hammersmith (Andy Slaughter), which would generally have the effect of watering down the Bill.