London First response to TfL’s budget.October 16, 2012
Baroness Jo Valentine, Chief Executive of London First said:
“Transport for London are making decisions today which matter to every Londoner. Businesses, taxpayers and especially commuters are relying on TfL to prioritise capacity, reliability and safety, ahead of any nice-to-haves in London’s transport networks. We must be sure that Tube, Crossrail, overground rail and tackling traffic jams get the priority they need and that every penny allocated is carefully spent.
“The Tube in particular provides London’s arteries. There is no case, absolutely none, for robbing from the vital Tube modernisation programme to pay for eye-catching but less-effective initiatives elsewhere. We must invest now in the Tube infrastructure to ensure that London is well equipped for economic recovery and the growth in passenger journeys which will come with it.”
Notes to Editors
London First is a business membership organisation with a mission to make London the best city in the world in which to do business. London First undertakes this by mobilising the experience, expertise and enthusiasm of the private sector to develop practical solutions to the challenges facing London. London First also seeks to persuade central and London government to make the investments that London needs in its infrastructure
London First delivers its activities with the support of the capital’s major businesses in key sectors such as finance, professional services, property, ICT, creative industries, hospitality and retail. Membership also includes all of London’s universities as well as further education colleges and NHS hospital trusts. London First members represent over a quarter of London’s GDP.