• Question by: Angie Bray
• Meeting date: 16 January 2002

Does that mean that you will be making up for what you weren't able to spend the money on?

• Question by: Angie Bray
• Meeting date: 16 January 2002

It does seem rather unfortunate that TfL was sitting on a lot of money, which it couldn't spend. How did that arise in the first place?

• Question by: Bob Neill
• Meeting date: 16 January 2002

I was also interested to hear that suddenly you were concerned that the underspend is because you weren't able to borrow. You told the Budget Committee that you were a monetarist and that you're broadly opposed to borrowing and that you prefer to fund initiatives out of revenue. So what are you? Is it Wednesday or Thursday? Are you a borrower or a monetarist?

• Question by: Angie Bray
• Meeting date: 16 January 2002

You've also been talking in recent days about your concern about the arrival of the tube in the hands of TfL and that you don't feel you're going to be getting the money from the Government that you'll need to meet some of the costs attached to it such as the Jubilee Line extension, is that correct?

• Question by: Angie Bray
• Meeting date: 16 January 2002

I'm just wondering whether it's an entirely responsible line to take? They definitely aren't going to make any provision at all and yet Londoners have all wanted TfL to take control of the Tube and you're saying you're not making any provisions for the expenses that might come your way? I find that extraordinary.

• Question by: Angie Bray
• Meeting date: 16 January 2002

You've obviously done some sums here because you've been rehearsing them here this morning, so what provision have you actually made? As I understand it, there's an anticipation that the Tube may come to TfL in September this year?

• Question by: Brian Coleman
• Meeting date: 16 January 2002

Will you write to me about the loss of revenue on the 55 bus route?

• Question by: Brian Coleman
• Meeting date: 16 January 2002

Is it not also the case that the introduction of conductors means you can accommodate less passengers on the bus because the conductor has to be able to move about?

• Question by: Brian Coleman
• Meeting date: 16 January 2002

Conductors on buses, this is one of your budget thrusts on TfL. I believe the pilot project's been on the route 55, which I'm sure you're aware runs from Oxford Circus to Leyton. Is it not the case that, on that route where we've used what were previously one-man buses and turned them into conductor buses, the amount of fare avoidance has soared dramatically?

• Question by: Roger Evans
• Meeting date: 16 January 2002

Surely they'll learn very quickly that the trick is to stay out of bus routes and still save money from not paying the congestion charge.