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£3 billion budget, Crossrail & Tube upgrades: are TfL delivering?

10 July 2019

Transport for London’s (TfL) capital investment programme is one of the largest in the UK, spending around £3 billion a year, including Crossrail. 
 

Crossrail has demonstrated that even with high-profile and heavily resourced projects, issues with timelines and delivery can arise. 
 

In the latest TfL Business Plan, the Mayor highlighted that TfL will maintain the same level of investment [1] for the next 3 years but with no new projects and others being delayed or cancelled this suggests that costs are rising.
 

With TfL spending significant amounts of their budget on capital investment projects every year, the London Assembly Budget and Performance Committee will examine how effectively TfL is using its money.

 

The guests are:

 

  • Stuart Harvey, Director of Major Projects, TfL
  • David Hughes, Investment Delivery Planning Director, TfL
  • Tanya Coff, Divisional Finance and Procurement Director, LU, TfL
  • Nicole Badstuber, Research Associate in Urban Infrastructure Policy and Governance, University of Cambridge
  • Colin Porter, Former Chair IIPAG

 

The meeting will take place on Thursday, 11 July at 10.00am in The Chamber, at City Hall (The Queen’s Walk, London SE1).

 

                   Media and members of the public are invited to attend

 

The meeting can also be viewed LIVE via webcast or YouTube 
 

Follow us Twitter and take part in the meeting discussion using #AssemblyBudget 

 

 

Notes to editors

  1. For non-Crossrail projects.
  2. Read the agenda papers.
  3. Gareth Bacon AM, Chair of the Budget and Performance Committee is available for interview. 
  4. Find out more about the London Assembly Budget and Performance Committee.
  5. As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.

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