| Topic: | Re:Fat Cat salaries for Bankrupt TfL staff | |
| Posted by: | Martin Weaver | |
| Date/Time: | 01/11/20 09:38:00 |
| “Despite providing the private rail operating companies with 18 months of funding with no conditions attached, the Government has refused to give TfL more than a six-month deal and even this has come with conditions.” https://www.london.gov.uk//press-releases/mayoral/mayor-reaches-deal-on-tfl-funding Six-month deal means £1.8 billion of Government grant and borrowing made available on current projections to Transport for London (TfL) to keep services running until March 2021 Mayor rejects government plans for huge extension of the Congestion Charge zone, scrapping free travel for older and younger Londoners and increasing TfL fares by more than previously agreed Transport for London to make £160m of savings this financial year, and City Hall will need to raise additional income to protect concessions for older and younger Londoners for future years - if the Mayor wants to continue these Mayor says deal is ‘not ideal’ but adds that he fought hard against the Government’s determination to punish London |