London transport operator secures £1.6 billion emergency government funding
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LONDON (Reuters) - London's transport operator, which has seen passenger numbers collapse due to coronavirus, said it had secured 1.6 billion pounds in government funding for cover a shortfall in revenue until October.Transport for London (TfL), which runs the city's red double-decker buses and underground Tube trains among other services, said it had lost more than 90% of its revenue from fares and advertising on its network since lockdown. Measures imposed in March have restricted people's..