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Old September 9th 18, 01:47 PM posted to uk.transport.london
Roland Perry Roland Perry is offline
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First recorded activity at LondonBanter: Aug 2003
Posts: 10,125
Default Mind the gap in TfL's finances

In message , at 14:23:51 on Sun, 9 Sep 2018,
Graeme Wall remarked:

https://www.thetimes.co.uk/article/mind-the-huge-gap-on-tube-funding-ckh70nckj?shareToken=c58f187e5f0fdfe85b428ad54eb18 d12

Politicians never work out that a voter pleasing freeze of whatever
at one election always ends up as an unpopular hike in rates later.


Like everyone who bids (or rather always over-bids) for the ECML
franchise, they hope that some magic growth in passenger numbers, and/or
the general economy, will bail them out. Rarely happens.
--
Roland Perry