| Topic: | Re:Re:Re:TfL's future investment and Sadiq Khan | |
| Posted by: | Jeremy Parkinson | |
| Date/Time: | 20/11/21 09:05:00 |
| The government you want to come down hard on an 'inept TfL' is led by a man who spent £53 million on an imaginary bridge. Given the size of the operation a £12 million bonus pool doesn't seem excessive. TfL is a large operation that needs a wide range of skills not just civil engineers but lawyers, accountants and IT professionals who would need to be well remunerated in this very tight labour market. Like all large organisations there will be waste and higher level pay in the public sector is structurally too high in this country but, even if the bonuses paid out were totally unearned this is a tiny part of TfL's budget. There simply isn't anyway that a transport network in a large city can be run at a profit. All mass public transport receives a subsidy and obviously the need for that subsidy has risen because of the lost revenue due to the pandemic. The government is playing games with its brinkmanship over TfL's funding and is using it to effectively take control of transport in London. I think Michael is being to sanguine about this round of negotiations. Boris Johnson is getting criticism about going back on pledges made on schemes in the north and midlands despite investing £96 billion in those regions. He is likely to feel that having London squealing about a lack of investment and bus and tube service reductions will play well in his 'red wall' seats. Therefore I would anticipate a very harsh settlement which will mean we will be paying more for a deteriorating service. |
| Topic | Date Posted | Posted By |
| TfL's future investment and Sadiq Khan | 19/11/21 11:56:00 | Loraine Pemberton |
| Re:TfL's future investment and Sadiq Khan | 19/11/21 12:18:00 | Michael Robinson |
| Re:Re:TfL's future investment and Sadiq Khan | 19/11/21 20:30:00 | Steve Taylor |
| Re:Re:Re:TfL's future investment and Sadiq Khan | 20/11/21 09:05:00 | Jeremy Parkinson |
| Re:Re:Re:Re:TfL's future investment and Sadiq Khan | 20/11/21 10:18:00 | Carl Wynne |
| Re:Re:Re:Re:Re:TfL's future investment and Sadiq Khan | 20/11/21 11:08:00 | Vanessa Smith |
| Re:Re:Re:Re:TfL's future investment and Sadiq Khan | 20/11/21 10:30:00 | Adrian Irving |
| Re:TfL's future investment and Sadiq Khan | 20/11/21 11:07:00 | Philippa Bond |
| Re:Re:TfL's future investment and Sadiq Khan | 20/11/21 20:39:00 | Maggie Dodge |
| Re:Re:Re:TfL's future investment and Sadiq Khan | 20/11/21 22:53:00 | Stewart Jones |