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Author Topic: £1.6bn bailout for Transport for London. 14th May 2020  (Read 1934 times)
grahame
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« Reply #15 on: July 20, 2020, 10:36:22 pm »

From The Guardian

Quote
The RMT trade union has accused the government of opening the door to privatising the tube after it was revealed that a review of Transport for London’s finances would consider “alternative operating models”.

According to the the terms of reference published on Monday, the review – imposed as part of a £1.6bn Covid-19 bailout package for London – will explore “whether there are any opportunities that alternative operating models could bring over the longer term, including consideration of structures and governance”.
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« Reply #16 on: October 16, 2020, 08:43:18 pm »

From My  London

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Transport for London (TfL) and the Government are in talks regarding funding for the future of the city's public transport system - and there could be some consequences that hit many Londoners in the pocket.

Sky News has learnt that the price of a new bailout for TfL could be an extension of London's congestion charge zone, plus the removal of remaining free travel entitlements for children and pensioners.

The coronavirus pandemic has left TfL in dire straits with lost revenues across all transport networks due to vast drops in passenger numbers.

Now Sky News is reporting that government ministers have told TfL, that it will have to "introduce the reforms if it is to secure a bailout package ahead of a funding deadline in the coming days."

The Mail goes further ...

Quote
The Government has agreed to extend its financial support of Transport for London (TfL) for two weeks while negotiations on a new bailout continue.

Ministers are demanding that London's congestion charge zone is extended and free travel entitlements for children and older people are downgraded in return for what would reportedly be a ?1 billion package.

Earlier today, Sadiq Khan was accused of 'playing games' after claiming that ministers are demanding he extends the congestion zone to get a ?1billion bailout.

The London mayor faced fury over suggestions that the government had made the move a condition of the latest extraordinary cash injection to keep Transport for London from grinding to a halt, amid fears that could happen as early as this weekend. 

After the latest agreement, Deputy mayor of London Heidi Alexander said there remain 'differences to resolve' between both sides, and expressed hope that 'cooler heads can prevail over the next 14 days'.

She told a meeting of TfL's finance committee: 'Neither the mayor or I can see how it would be right to charge people ?15 to drive a mile from Wandsworth to Clapham, or from Catford to Lewisham, from October next year if the congestion charge was to be extended out to the North and South Circular.

'That is in effect what the Government have said to us that they want.

'We can't see why we should take free travel away from under 18s or over 60s when lots of people in London are actually facing some genuine hardship over the coming months.'
« Last Edit: October 16, 2020, 08:56:10 pm by grahame » Logged

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« Reply #17 on: October 17, 2020, 08:43:32 am »

From My  London

Quote
Transport for London (TfL) and the Government are in talks regarding funding for the future of the city's public transport system - and there could be some consequences that hit many Londoners in the pocket.

Sky News has learnt that the price of a new bailout for TfL could be an extension of London's congestion charge zone, plus the removal of remaining free travel entitlements for children and pensioners.

The coronavirus pandemic has left TfL in dire straits with lost revenues across all transport networks due to vast drops in passenger numbers.

Now Sky News is reporting that government ministers have told TfL, that it will have to "introduce the reforms if it is to secure a bailout package ahead of a funding deadline in the coming days."

The Mail goes further ...

Quote
The Government has agreed to extend its financial support of Transport for London (TfL) for two weeks while negotiations on a new bailout continue.

Ministers are demanding that London's congestion charge zone is extended and free travel entitlements for children and older people are downgraded in return for what would reportedly be a ?1 billion package.

Earlier today, Sadiq Khan was accused of 'playing games' after claiming that ministers are demanding he extends the congestion zone to get a ?1billion bailout.

The London mayor faced fury over suggestions that the government had made the move a condition of the latest extraordinary cash injection to keep Transport for London from grinding to a halt, amid fears that could happen as early as this weekend. 

After the latest agreement, Deputy mayor of London Heidi Alexander said there remain 'differences to resolve' between both sides, and expressed hope that 'cooler heads can prevail over the next 14 days'.

She told a meeting of TfL's finance committee: 'Neither the mayor or I can see how it would be right to charge people ?15 to drive a mile from Wandsworth to Clapham, or from Catford to Lewisham, from October next year if the congestion charge was to be extended out to the North and South Circular.

'That is in effect what the Government have said to us that they want.

'We can't see why we should take free travel away from under 18s or over 60s when lots of people in London are actually facing some genuine hardship over the coming months.'

There is a bigger game afoot than keeping TfL running ..................

Its the postponed Mayor for London election due in May 2021, the Government want to pain the Mayor as the "Milk Snatcher" ** taking away the free travel for school children, ramping up the cost of taking kids to school by car and costs of doing business in London by increasing the congestion charge.  But at the same time painting HMG as the knights in white armour rescuing public transport in London.


** Milk snatcher https://www.independent.co.uk/news/uk/politics/margaret-thatcher-regretted-snatching-milk-school-children-two-decades-a7500171.html
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« Reply #18 on: October 17, 2020, 09:11:05 am »

With a good campaign that could come back to bite the tory candidate if Sadiq Kahn manages to put the blame where it truly lies it would be seen as the intended policy of his tory opponent.
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broadgage
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« Reply #19 on: October 22, 2020, 02:24:05 pm »

I am not convinced that children should get free travel, they have to pay in most places other than London.
Neither in my view do they need driving to school. Walking, cycling, and use of paid for public transport are reasonable alternatives in most cases in London.
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