The Mayor of London and Transport for London (TfL) have confirmed £148m for the London borough funding in 2016/17.
The annual borough funding is provided by TfL to help the boroughs pay for local transport projects set out in their Local Implementation Plans (LIPs).
The funding will support a range of different transport projects delivered by the boroughs across London.
Funding includes:
- City of London – £1.4m including £200,000 towards proposals to transform Bank Junction with widened footways, cycle routes and improved public space;
- Westminster – £6.4m including £1m to transform public spaces and create better cycling routes through the West End;
- Kensington and Chelsea – £2.1m including £150,000 for pedestrian improvements at the junction of Old Brompton Road / Pelham Street;
- Camden – £4.9m including £2m towards the West End Project, which aims to transform the area around Tottenham Court Road and Gower Street and will include walking, cycling and bus reliability improvements;
- Islington – £2m including £350,000 for borough-wide road safety improvements, such as junction improvements, traffic calming measures and pedestrian crossings; and
- Southwark – £4.1m including £820,000 to improve safety at Camberwell, particularly for cyclists and pedestrians.
Boris Johnson MP said: “This latest round of funding will help to transform scores of locations in all four corners of our great city. It is specifically targeted to help make our roads, town centres and open spaces more attractive places with better facilities for walking and safer cycling.
“By helping the boroughs deliver on important local transport schemes, we can help to spur jobs and growth across London.”
London’s Transport Commissioner, Mike Brown MVO, said: “Londoners will see real improvements to their local areas as a result of this funding. Working with London boroughs, hundreds of transport projects will be delivered that will benefit pedestrians and road users, through safer streets and improved public squares and shopping areas. “