Tfl draft business plan

These are external links and will open in a new window Close share panel Image copyright Getty Images Sadiq Khan's business plan sets out his priorities over the next five years at Transport for London TfL. It highlights cycling, tackling pollution and protecting investment as key areas.

Tfl draft business plan

The foreword by Mayor Sadiq Khan contains the usual whinging from him about the lack of central Government subsidy and his budget difficulties.

It is true that TfL no longer receive a central Government grant for operating subsidies, but that was agreed by Boris Johnson on the basis that they would obtain extra income from the new Elizabeth line.

tfl draft business plan

There are still substantial capital grants though. The Mayor is of course suffering from his self-imposed hair-shirt by promising to freeze public transport fares in London when campaigning to get elected.

He has implemented that, at least as far as TfL controlled fares are concerned. Surely he is confusing stopping increases which mainly covered inflationwith reducing fares?

Bus usage for example has been falling, so revenue growth is anticipated to be lower than expected in previous budgets. These are enormous numbers. For someone with experience of looking at the finances of organisations, as this writer has, this looks a very unhealthy financial profile.

One result of this financial plan is that the Mayor is cutting funding for road maintenance that goes to local boroughs.

Rob Staton

This will not necessarily affect minor road maintenance but it will mean cuts to major projects. Part of the reason is because a lot of the money is going to support cycling initiatives, the redevelopment pedestrianisation of Oxford Street and other major projects that are mainly in central London.

Local boroughs are likely to be very unhappy with the cuts to funding of Local Implementation Plan LIP programmes, particularly as projects tend to be planned years in advance so abrupt changes in funds available may mean a lot of planning work is wasted.

It will lead to expensive short-term fixes, and more major work in due course if proper maintenance is delayed. For example, bridges often require substantial work after many years of use and that cannot be deferred forever. The Mayor has very substantial income from business rates and other sources such as congestion charging — these more than cover the costs of operating and maintaining the road network.In December we wrote about the curious absence of the Metropolitan line extension to Watford (the Croxley Rail link) from the TfL Business initiativeblog.coms at the time suggested that the extension was facing a funding shortfall that TfL were unwilling to meet.

TfL . The Canada Water Masterplan is the project name for the redevelopment of a 53 acre site in SE The area covers Surrey Quays Shopping Centre, Surrey Quays Leisure Park, the SE16 Printworks, the historical Dock Offices and the former Rotherhithe Police Station.

The Board holds the executive to account for delivery of the Business Plan and operational and budgetary performance. TfL's decision-making structure and proceedings, together with Schemes of Delegation and Authorities, are laid out in the TfL Standing Orders..

You are welcome to attend any meeting of TfL's Board.

tfl draft business plan

TfL’s Draft Business Plan will be considered by the TfL Board at its next meeting on 15 December. A new Liveable Neighbourhood programme will also be launched next year, with the aim of creating more attractive, accessible and people-friendly streets, where everybody can enjoy spending time and being physically active.

Our latest Budget /19 was approved on 20 March Our latest Business Plan was approved by the Finance Committee on Tuesday 5 December It covers our plans for the transport network over the five years to / Reddit gives you the best of the internet in one place.

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