Transport for London (TfL) has published its new draft Business Plan, outlining major investment and renewal priorities through to 2029/30 — a roadmap designed to reshape the capital’s transport network and significantly enhance customer experience across rail, bus, active travel and road systems.
The plan builds on a decade of major delivery, including the Elizabeth line, the Night Tube, the expanding Superloop network, a fourfold increase in Cycleways, and the creation of Western Europe’s largest zero‑emission bus fleet. TfL's new strategy positions these achievements as the foundation for the next phase of network transformation.
A Bigger, Greener and More Connected London
The draft plan outlines how sustained investment in transport infrastructure will support a greener, fairer and more prosperous London. Beyond improving journeys, TfL highlights the wider economic benefits of transport investment — including unlocking thousands of new homes and supporting job creation across the capital.
A key focus is supporting the Mayor’s wider objectives for growth and renewal. This includes:
- Progressing the DLR extension to Thamesmead via Beckton Riverside
- Supporting plans to transform Oxford Street
- Continuing development work for major schemes such as the Bakerloo Line Extension
- Proposals to bring Great Northern services (Moorgate to Stevenage and Hertford North) into London Overground
- Advancing the West London Orbital Overground route via Old Oak Common
Accessibility and Station Modernisation
TfL confirms that step‑free access projects remain central to its network strategy. Northolt and Leyton stations will be the next to deliver full step‑free access, alongside ongoing work at Elephant & Castle. Subject to funding, major redevelopment of the nationally significant South Kensington station is also expected to continue.
The plan reiterates London’s long‑term ambition for 50% of Underground stations to be step‑free.
Renewing Critical Assets and Rolling Stock
TfL’s investment programme includes a wide range of upgrades across track, signalling, stations, road assets and rolling stock. Priority projects include:
- Completion of new signalling on the District and Metropolitan lines
- Introduction of new fleets for the Bakerloo line, Piccadilly line and DLR
- Additional trains for the Elizabeth line
- Full refurbishment of the Central line fleet
- Replacement of ageing London Trams stock
TfL Leadership: Investment Is Critical to London’s Future
London's Transport Commissioner, Andy Lord, said:
"Our new Business Plan is an ambitious programme for the future of London's transport network. We have achieved significant progress on the commitments previously made, and this plan lays out our vision for the transport network.
"This new plan sets out sustained investment in London's vital transport infrastructure, which will improve the experience for millions of Londoners and visitors. It will see us increase investment in the vital renewal of our critical assets like stations, lifts and escalators, track, roads, bridges and other infrastructure. We will also make more stations step-free, reduce delays on our buses and road network, and continue to improve safety for everyone using our services.
"Our investment will also support the wider London and UK economy, unlocking new homes and jobs through the delivery of new trains and infrastructure, reduced journey times and new innovations. Most importantly - this plan reflects the voices of our customers, businesses and colleagues, who have told us what is most important to them - services that are safe, accessible, frequent, reliable, green and as affordable as possible."
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