A profile in yesterday’s Guardian of Peter Hendy, boss at Transport for London (TFL), confirms some astonishing facts:
” In this financial year it will receive about £3.5bn from the government – nearly a quarter of the DfT’s total £15.9bn annual budget”
We are paying £3.5bn a year to subsidise rich commuters and tourists. Scarcely believable -Especially when the £1bn electrification of the Great Western Railway to Swansea loooks in doubt. Oh and the £100m p.a to S4C is being cut by 24%
Some people already knew that London was full of subsidy junkies…but not Jeremy Paxman untill Eurfyl demolished him….
We are reader supported. Donate to keep Slugger lit!
For over 20 years, Slugger has been an independent place for debate and new ideas. We have published over 40,000 posts and over one and a half million comments on the site. Each month we have over 70,000 readers. All this we have accomplished with only volunteers we have never had any paid staff.
Slugger does not receive any funding, and we respect our readers, so we will never run intrusive ads or sponsored posts. Instead, we are reader-supported. Help us keep Slugger independent by becoming a friend of Slugger. While we run a tight ship and no one gets paid to write, we need money to help us cover our costs.
If you like what we do, we are asking you to consider giving a monthly donation of any amount, or you can give a one-off donation. Any amount is appreciated.
