All-night London Tube 'will lose £100m'

Plans to run all-night Tube services in London will run up losses of over £100 million before breaking even, a union has claimed.

The Transport Salaried Staffs Association (TSSA) said the new service, due to start next September, will be a “financial nightmare”, losing almost £20m in its first full year and well over £100m by 2033.