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Old May 24th 10, 11:35 AM posted to uk.transport.london
Recliner[_2_] Recliner[_2_] is offline
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Default 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?