Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Efficiency drive continues at TfL

SPENDNG

05 January 2018
 

Transport for London is promising to continue its efficiency drive.

The organisation’s day-to-day operating costs fell £153m in 2016/17, which was the first reduction in its history and the result of “the largest ever overhaul of the organisation”.   

Further savings are being made this year, with operating cost reductions currently running £138m ahead of budget. 

The organisation’s new business plan promises further savings...

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