GBP108 million cut to TfL's transport grant
"Mizter T" wrote in message
Just heard on the radio that the SoS Transport, Philip Hammond, is
'consulting' Mayor Boris on a £108 million cut to the GLA transport
grant from central government (which rather sounds like a metaphor for
telling BoJo how it's going to be).
Not sure of the proportion these at the moment but a few years back
the grant accounted for around half of TfL's funding.
On the same bulletin I heard that the Mayor has confirmed this morning
that the Western Extension of the Congestion Charge will be scrapped
by the end of the year, so that's a source of income that will no
longer exist.
I thought this was approximately revenue neutral?
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