Transport for London Business Plan (Supplementary) [1]

Session date: 
May 23, 2012
Question By: 
Richard Tracey
GLA Conservatives
Asked Of: 
The Mayor


Richard Tracey (AM): Mr Mayor, during your first term, I do not recollect a single suggestion from the Labour group on how to make any savings in TfL. I do not know whether you will remember, but given all this talk that we heard during the election campaign about their fare cuts policy, would you like to invite a submission from them on how they see savings might be made in TfL in the future without slashing investment, which is of course exactly what we predicted they would do?


Answer for Transport for London Business Plan (Supplementary) [1]

Answer for Transport for London Business Plan (Supplementary) [1]

Answered By: 
The Mayor

Boris Johnson (Mayor of London): Do not forget, Dick [Richard Tracey] and thank you for all the help you have given on transport we have had to make massive, massive savings in TfL on the budgets that I found: 23 buildings we have had to sell or dispose of; 25% of the directors have found other employment. The programme of cuts are still going in TfL. There is about £4.7 billion, and that is just in the current Business Plan. We will have to continue with our savings exercise, and that I do not believe the Labour Party or the Labour candidate would have achieved in a month of Sundays, because it simply was not their approach.

Richard Tracey (AM): Precisely, thank you.