Sullivan Buses highlighted issues with TfL funding and the prospect of making cuts as reasons behind its decision, saying the remuneration for providing TfL's services had 'not kept pace with the increasing costs of service delivery'. 'Any inevitable reduction in funding will lead to a further decline in performance.'
At a meeting with TfL, Sullivan was 'unable to agree a way forward' and TfL requested 'a date for our business to hand back all contracts'. TfL owed Sullivan over 130,000, impacting service delivery.
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