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….