Mayor of London, Sadiq Khan, has set out plans to cut waste at what he describes as a ‘flabby’ TfL. He outlined the cuts in the latest TfL draft Business Plan. The savings are intended to help fund an affordable and modern transport network that ‘works for all Londoners’. The Mayor has already announced plans to make transport more affordable by freezing TfL fares for the duration of his mayoral term and by introducing the ‘Hopper’ fare that has already delivered over 10m free bus journeys for people changing buses within an hour. The programme of modernisation set out by the Mayor includes the ‘biggest Tube capacity growth that London has ever seen’. New east London river crossings will be progressed, whilst hundreds of millions of pounds will be invested in schemes to help transform areas such as Old Street and Vauxhall, where safer crossings, new cycling infrastructure and better public spaces are to be created.
In order to deliver these improvements, TfL is undertaking the ‘biggest ever overhaul in the history of its organisation’. This includes making significant operational and capital savings by reducing management layers, merging functions to eliminate duplication, reducing reliance on expensive agency staff and negotiating better deals with its suppliers.