GBP108 million cut to TfL's transport grant
"Tom Barry" wrote in message
Recliner wrote:
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?
Sure that wasn't a Gilligan thing based on a highly idiosyncratic
reading of the figures?
Actually, Boris has stopped the annual Congestion Charge review report
being published, so it's really hard to tell.
I can't remember where I read it, but I suppose it might have come from
him. But it looks like I was wrong, though, as you say, it's hard to
know what the actual *net* revenue is. I seem to remember even Ken
saying that the CC scheme was more about cutting traffic than raising
revenue, particularly after the revenues were less than expected, and
the costs higher.
|