TfL isn't a private organisation, they are a government body. In 2015/16 only half of their costs were covered by ticket sales and other income (advertising, sponsorships, etc). The rest comes from government funding, so taxes.
http://www.mayorwatch.co.uk/govt-funding-changes-will-force-...
TfL isn't a private organisation, they are a government body. In 2015/16 only half of their costs were covered by ticket sales and other income (advertising, sponsorships, etc). The rest comes from government funding, so taxes.