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London boroughs are set to receive a financial injection of £80.4 million from TfL in the upcoming financial year to continue their work in making the capital’s streets healthier and safer.

This funding marks a 16% increase from the previous year. The investment, part of TfL’s Local Implementation Plan funding, will be distributed with £41 million earmarked for outer London boroughs and £25 million for inner London boroughs.

This strategic allocation aims to address the needs and challenges faced by different areas of the city while ensuring a more equitable distribution.

Over the past three years, boroughs have used LIP funding to implement projects, including 110 schemes to enhance bus reliability, 157 kilometres of new cycle routes, and the introduction of 500 School Streets.

The latest report from TFL and London Councils shows the impact of this funding.

The report reveals improvements such as increased accessibility and reliability of public transport, safer walking, cycling routes, and a rise in the proportion of Londoners cycling.

In the upcoming year, the allocated funds will support new initiatives. Including more than 150 upgraded pedestrian crossings, the introduction of 20mph speed limits in select areas, and junction and corridor improvement schemes.

Bus priority schemes will also receive attention, with the aim of making bus services more reliable and alternatives to private car usage.

TFL says its committed to expanding London’s cycle network, with a goal to have 70% of Londoners living within 400 meters of the network by 2041. This funding will enable boroughs to deliver 30 kilometres of new routes, promoting sustainable and active modes of transportation.