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> Most public transport revenue also comes from the capital This is incorrect. 40% of 'Transport for London' (TfL) spending comes from fares, and approx. 27% f
by bograt 10y ago
> Most public transport revenue also comes from the capital
This is incorrect. 40% of 'Transport for London' (TfL) spending comes from fares, and approx. 27% from government [0]. That represents a real cash subsidy of £3.1B per year for londoners.
The disparity in infrastructure spending per resident is even more stark [1]. London receives more than half of all such spending in England despite containing less than a sixth of its population.
[0] https://tfl.gov.uk/corporate/about-tfl/how-we-work/how-we-are-funded https://tfl.gov.uk/corporate/about-tfl/how-we-work/how-we-ar...
[1] http://www.theguardian.com/news/datablog/2014/aug/07/london-gets-24-times-as-much-infrastructure-north-east-england http://www.theguardian.com/news/datablog/2014/aug/07/london-...
- galdosdi 10y agoWhat proportion of that 27% comes from taxes collected from Londoners?
- Retric 10y agoThat's a reasonable argument because roads have zero subsidies. Wait, no. The real issue is does London pay more or less in taxes for transportation than it receives in transportation projects. Considering the population and relative income of London it ends up subsidizing the rest of the UK.