The GLC was abolished in 1986 with responsibility for public transport removed two years earlier in 1984. The new authority, London Regional Transport (LRT), again came under direct state control, reporting to the
Secretary of State for Transport.
The London Regional Transport Act contained provision for setting up subsidiary companies to run the Underground and bus services and in 1985 London Underground Limited (LUL), a wholly owned subsidiary of London Regional Transport, was set up to manage the tube network. In 1988 ten individual line business units were created to manage the network.
In 1993 the operation of some bus services was put out to tender for the first time and, for a number of years, buses bearing a variety of different colour-schemes operated alongside those still operating in the traditional red livery.
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2000-2003
A replacement authority for the GLC was set up in 2000, the
Greater London Authority with a transport executive called
Transport for London (TfL). It is the first London transport authority since 1933 not to be commonly called
London Transport. Controversially, the London Underground did not pass to TfL until after a
Private Finance Initiative (PFI) agreement for maintenance was completed in 2003.
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See also