£6.2 billion Government savings programme hits TfL [UPDATED]

The Government has just revealed how it intends to find £6.2 billion in savings in 2010/11. The cuts package includes £682m from the Department for Transport, which will hit TfL hard.

The implications of these spending cuts are not clear, but it's possible that planned projects, such as improved accessibility at Brockley Station could be affected.

UPDATE: The Birmingham Post reports some more relevant detail:

In 2010-11, there will be a £309 million reduction in specific grants from the DfT to local authorities, while Transport Secretary Philip Hammond is consulting London Mayor Boris Johnson about a £108 million cut in the DfT grant to TfL.

17 comments:

Brockley Kate said...

... meanwhile, Boris has given up £70m revenue from the western congestion charge zone. Mmm, I love the smell of joined-up government.

Brockley Nick said...

But jacked up the price of the existing charge - to £10.

even more joined-up

Brockley Kate said...

Arse - elbow ... etc.
Do you think that BC would do a better job of running London? Should we perhaps stand for the Mayoral election in 2012? I reckon we could come up with some cracking policies.

Headhunter said...

But also committed a few mill to designing and making a new Routemaster bus that doesn't look like a Routemaster and scrapping bendies. Where did that money for Surry Canal Road station go again?

Anonymous said...

So increased numbers of unemployed engineers and construction workers?

If they were paying income tax, national insurance and buying items subjected to VAT the government would get a lot of the money spent on these schemes back?

Hugh said...

If the cuts affect rail services perhaps some of the green drones here will be considering cycling to work. Or is the train commute like, such a human right in this day and age, man?

Anonymous said...

The mungs were happy to slag off the bendy bus in it's day, too.

Anonymous said...

Just a thought...isn't Lewisham Gateway partly a TfL funded road scheme or is the public funding all sown up?

name said...

This is terrible, such a negative way to approach things. Throw thousands of people of out work. This is what you get when you vote Lib Dem. Say what you like about Labour they would always put people first and they would have faced off the financiers. Brown accepted there were severe problems it was a mess he presided over and he would have sorted it out. Now we are going to go into a different direction.

Anonymous said...

"Putting people first" has led to the public sector getting flabby and lazy and full of jobsworths. They haven't been kept on their toes in a long time and anyone who's had to interface with a customer service dept of any government department will surely know how slow and useless they can be.

Anonymous said...

Not like easyjet, bt, etc. Those champions of paired down Private sector efficiency. Lazy generalisations do not add much do they? The cuts that will be made will predominantly affect the services, only a small amount will be 'efficiency' savings.

Anonymous said...

Gordon Brown would have "faced off the financiers"? How? Because it's the financiers that provided all the money for Gordon to get us into this mess.

Brockley Nick said...

I think you'll find it was the massive global recession which got us in to this mess.

Headhunter said...

Gordon Brown never faced up to a financier in his life! He farmed off all responsibility to the FSA which was caught napping. There's a lot of talk and hand wringing going on now but still not a lot of activity.

Monkeyboy said...

Mike Brown(my big boss)said at the London Assembly Transport committee...

"He also expressed doubts the Jubilee Line will be finished by October and the Northern Line by the 2012 Olympics"

Bugger.

monkeyboy said...

But never mind, there's always this... http://www.dalstonpeople.co.uk/news/Free-Dalston-Connected-Street-Party-Celebrate-London-Overground-Station/article-2218719-detail/article.html

Anonymous said...

I've heard a rumour that Lou will be there handing out 'I love Dalston' balloons. Can anyone confirm?

Brockley Central Label Cloud