Control of Croydon's tram system is to be handed to Transport for London (TfL) in a £98million deal.
TfL announced today its offer to acquire Tramtrack Croydon Ltd, which runs Tramlink, had been accepted. Taking control of the company means TfL will no longer have to make compensation payments for changes to fare and ticketing policy which last year amounted to £4million.
21:09, 17 Mar 2008
by Matthew Rees