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Author Topic: £1.6bn bailout for Transport for London. 14th May 2020  (Read 13619 times)
TaplowGreen
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« Reply #30 on: June 07, 2021, 08:34:37 »

Interesting figure, but the Waterloo & City is rather unique in terms of its operation.  Are there figures for any of the more traditional tube lines?

Much lower - Piccadilly Line £2.10 per £1 spent.

For comparison - HS2 (The next High Speed line(s)) started out at an initial estimate of £2.40 per £1 spent............at the last IfG review it was down to £1.30 per £1 spent, so perhaps TfL» (Transport for London - about) should proceed with caution on this basis, although it appears that the Government are prepared to pick up the bill, so prepare for a nationwide debate on why the whole country should pay for a project which only benefits London................
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