Budget plans affect on Tfl services and the legacy of the 2012 Games

08 January 2014

This meeting took place on 9 January 2014. Read the transcript here.

How will the Mayor’s draft budget for 2014/15 [1] affect London’s transport services and the prospects of meeting legacy targets for the Olympic Park?

The London Assembly Budget and Performance Committee will tomorrow question the Mayor’s Chief of Staff, Sir Edward Lister and representatives of the Greater London Authority, Transport for London (TfL) and the London Legacy Development Corporation in the next stage of their examination of the Mayor’s budget plans.

The Committee will further explore issues raised in its Pre-Budget Report [2] which questioned how targets for improved services will be achieved while budgets are being cut, as well as looking at the City Hall budget and capital spending plan.

Areas for questioning will include the Mayor’s decision to raise TfL fares by RPI and the potential financial implications for the Olympic Stadium if anchor tenant West Ham United are relegated from the Premier League.

The following guests will be questioned:

Sir Edward Lister, Mayor’s Chief of Staff;

Jeff Jacobs, Head of Paid Service, GLA;

Isabel Dedring, Deputy Mayor for Transport;

Sir Peter Hendy, Commissioner, TfL

Steve Allen, Managing Director, Planning, TfL; and

Dennis Hone, Chief Executive, LLDC

The meeting will take place on Thursday, 9 January from 2pm in Committee Room 5 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 via webcast.

Notes for Editors:

Mayor’s draft budget 2014/15

Pre-Budget Report

Full agenda papers

As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.