Transport for London (TfL) is appealing to the government for funding for the Bakerloo line extension, which could begin construction by the 2030s and operational by 2040.
The new stations proposed along the Bakerloo line extension, particularly at Old Kent Road and Burgess Park, are expected to incentivize new housing and alleviate traffic congestion.
Mayor Sadiq Khan highlighted his commitment to the Bakerloo line extension as part of a wider goal to improve services and boost economic growth for Londoners.
The potential economic benefit of the extension is significant, with estimates suggesting it could contribute £1.5bn annually to the economy and facilitate the development of thousands of new homes and jobs.
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