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Old June 27th 13, 11:00 AM posted to uk.transport.london
Mike Bristow Mike Bristow is offline
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First recorded activity at LondonBanter: Jul 2003
Posts: 464
Default 8.5% cut in central govt grant to TfL; suburban West Angliatrainsto be devolved to TfL control

In article ,
Robin9 wrote:
I'm surprised the Goblin electrification comes in at only £90 million.
If it can be
done so cheaply, why wasn't it done sooner?


The Goblin user group think that £90 million is an over-estimate.
There are other estimates that are nearer £50 million.

It's long been known to be a cheap(ish) scheme that has a very high
benifit-to-cost ratio; the argument has been "who pays" for a very
long time. The benificiaries will be TfL the freight companies - so
the costs should be bourne by TfL and DaFT - but in what proportion?


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Mike Bristow