Metropolitan Line Extension £50million short of budget

– Letter confirms project may stall if additional cash is not found – Mayor’s fares policy could be putting £284million project at risk Officials at Transport for London have confirmed the Metropolitan Line Extension is £50million short of funding. The £284million project is set to connect the Metropolitan Line from Croxley to several new stations across Watford. The project received £49million from the previous Mayor…

TfL fares income down £90M due to fewer passenger journeys

Transport for London has revealed its fares income is down £90million in the year-to-date, raising serious questions about the Mayor’s ability to balance the books. Figures released at the February TfL board meeting show income shortfalls across all forms of transport; – Overall fares income down £90million due to lower passenger volumes – London Underground down £43million due to 14 million fewer passenger journeys than…

Nominee passes now costing TfL over £33million a year

– Travel perk grants free travelcards for flatmates of TfL staff – Mayor urged to give firefighters free travel instead at a fraction of the cost A perk that grants free travel to the flatmates of TfL staff now costs London taxpayers over £33million a year in lost revenue, research shows. London Assembly member Keith Prince wants the Mayor to scrap the ‘ridiculous and unnecessary’…

Statement on Mayor’s official confirmation of his TfL ‘fares freeze’

– Signing-off of plans spells uncertainty for transport network Conservative London Assembly member Keith Prince said: “So the Mayor’s ‘fares freeze’ is now official – ‘officially’ leaving TfL with a £640million black hole in its budget, ‘officially’ slashing investment in London’s transport network and ‘officially’ providing no benefit whatsoever to hundreds of thousands of travelcard holders who do not qualify. “Sadiq Khan has so far…

Tube strikes: London faces Groundhog Day unless the Mayor intervenes

– Binding arbitration the best solution, says London Assembly member Responding to the announcement by the RMT that its members voted in favour of strike action on the tube in the run up to Christmas, Conservative London Assembly member Keith Prince said: “Once again London is being cynically held to ransom by the unions at a time designed to inflict the highest possible damage. How…

Night Tube: Met urged to keep the peace at outer London stations

The Mayor and Metropolitan Police Commissioner must reassure Londoners that quieter parts of London included in the upcoming Night Tube will not be blighted by increases in anti-social behaviour, says Steve O’Connell The Night Tube, set to start operation on 19 August, will be transporting thousands of late night revellers to areas of outer London that currently experience low levels of anti-social behaviour. Even with…