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In 2016, Sadiq Khan became Mayor and Chairman of TfL.
Four years and £13bn of debt later, TfL is bankrupt. Londoners are stuck with a higher congestion charge. And fares are set to rise.
Khan defended his record in Parliament today. But he left a few things out.
Read on
1/8
Four years and £13bn of debt later, TfL is bankrupt. Londoners are stuck with a higher congestion charge. And fares are set to rise.
Khan defended his record in Parliament today. But he left a few things out.
Read on
1/8
Sadiq Khan has mismanaged TfL for 4 years.
He froze single fares, mostly benefitting tourists. Cost = £640m
He delayed Crossrail again and again. Cost = £5bn
He paid out massive bonuses to TfL staff. Cost = £1.7m (in 2019 alone)
And he refused to find savings.
2/8
He froze single fares, mostly benefitting tourists. Cost = £640m
He delayed Crossrail again and again. Cost = £5bn
He paid out massive bonuses to TfL staff. Cost = £1.7m (in 2019 alone)
And he refused to find savings.
2/8
Even worse, Sadiq Khan misled Parliament today.
He said that he cut the number of TfL staff earning over £100k a year.
Actually, he increased the number. To 557.
I have written to the Mayor asking him to correct his statement.
3/8
He said that he cut the number of TfL staff earning over £100k a year.
Actually, he increased the number. To 557.
I have written to the Mayor asking him to correct his statement.
3/8
So 4 years of Khan have led to £13bn of debt for TfL.
And while Khan blames coronavirus for the debt, the facts prove him wrong.
Yes, the virus hit revenues.
But it didn’t delay Crossrail. It didn’t introduce a tourist subsidy. It didn’t pay 557 TfL staff £100k+ a year.
4/8
And while Khan blames coronavirus for the debt, the facts prove him wrong.
Yes, the virus hit revenues.
But it didn’t delay Crossrail. It didn’t introduce a tourist subsidy. It didn’t pay 557 TfL staff £100k+ a year.
4/8
Khan’s bad management left TfL vulnerable to financial shocks.
So when coronavirus hit, the government had to bail Khan out.
Khan tried to use the bailout as an excuse to raise the congestion charge and increase fares.
But the bailout didn’t force him to do either.
5/8
So when coronavirus hit, the government had to bail Khan out.
Khan tried to use the bailout as an excuse to raise the congestion charge and increase fares.
But the bailout didn’t force him to do either.
5/8
Today he admitted as much.
Khan acknowledged that it was his decision to raise the congestion charge.
I’m glad he’s taken responsibility for that. But he should also admit that it was his decision to raise fares. He signed it off in December 2019 — before the virus hit.
6/8
Khan acknowledged that it was his decision to raise the congestion charge.
I’m glad he’s taken responsibility for that. But he should also admit that it was his decision to raise fares. He signed it off in December 2019 — before the virus hit.
6/8
As a result of Khan’s decisions, Londoners face a higher cost of living.
A higher c-charge. Higher fares. And taxpayers’ money spent on bailouts.
Londoners deserve better.
We deserve a mayor who makes sensible decisions — and accepts responsibility when things go wrong.
7/8
A higher c-charge. Higher fares. And taxpayers’ money spent on bailouts.
Londoners deserve better.
We deserve a mayor who makes sensible decisions — and accepts responsibility when things go wrong.
7/8
When I’m Mayor, I’ll cut waste at City Hall and TfL, ending the massive bonuses and golden goodbyes.
I’ll temporarily lift the ban on junk food advertising.
And I’ll use those savings to reverse Khan’s increased c-charge.
RT to share the truth.
8/8 https://www.dailymail.co.uk/news/article-8548987/Sadiq-Khan-accused-mismanaging-TFL-finances-asks-taxpayer-cash-London.html
I’ll temporarily lift the ban on junk food advertising.
And I’ll use those savings to reverse Khan’s increased c-charge.
RT to share the truth.
8/8 https://www.dailymail.co.uk/news/article-8548987/Sadiq-Khan-accused-mismanaging-TFL-finances-asks-taxpayer-cash-London.html
Thanks to @HuwMerriman, @gregsmith_uk, @karlmccartney, @simonjamesjupp, @chrisloder and @robertlargan for their forensic questioning of @SadiqKhan earlier today. Parliament at its best.
