Transport for London

News, reports and information for TfL staff

TfL Free Travel To Be Provided By - Get a Loan at 2689% APR

TfL have accepted as sponsors of free travel on New Year's Eve.

Wonga is a 'pay day loan' company with a typical APR of 2689%. If you were to borrow a fiver from them for one day - enough to cover a single journey on the tube, you'd owe them £10.60.

For many Londoner's, these loans may seem to be the only way to access funds, more so as decent jobs are cut and employee rights eroded following the ConDem goverments and bosses attacks on working class people - as can be seen at LU where 800 positions will be cut.

Transport Commisioner Peter Hendy Guardian Interview

Transport For London's commissioner Peter Hendy was recently interviewed by Dave Hill for The Guardian.

In the interview Hendy says that TFL will be facing cuts in its budget of 21% over the next few years. Future job losses are discussed with Hendy foreseeing that "The other thing you take a hit on is the cost of running the place. We will be doing less in some areas, so we will need less people to do it"

President of the London Transport Region hot off the Evening Standard Press

from Vaughan Thomas printed in the London Evening Standard Letters Page 20 October 2010

TfL claim that only the delays on the Metropolitan Line this week were caused by the RMT's overtime ban, imposed in protest at massive job cuts. But since the start of the ban there have been a series of station closures for part of the day as staff numbers have fallen below minimum numbers at stations including Barbican, Liverpool Street, Lambeth North, Finsbury Park and Charing Cross, and the District and Jubilee Lines have experienced rolling stock shortages.

TfL/LUL Pays Directors Handsomely While Cutting Frontline Staff

Click '1 attachment' / file name to read details of TfL / London Underground directors' pay.

A few examples of how much some of our bosses were paid in 2009/10:

  • Peter Hendy, Commissioner of Transport: £393,551
  • David Brown, TfL Managing Director Surface Transport: £316,655
  • Steve Allen, TfL Managing Director Finance: £310,601
  • Vernon Everitt, TfL Managing Director Group Marketing and Communications: £283,919
  • Phil Hufton, LU Chief Maintenance Officer: £267,891
  • Howard Carter, TfL General Counsel: £268,556

Transport for London Pension Fund

From Bob Crow, General Secretary ...

Dear Colleague,

I am writing to bring you up to date with developments in regard to the TfL Pension Fund.

Actuarial Valuation

The results of the latest valuation of the Fund have recently been concluded. The valuation, as at 31st March 2009, assesses whether or not there are sufficient assets to pay for pensions already promised to existing pensioners, deferred pensioners and active members, and also sets employer contribution rates necessary to fund future benefits after the valuation date.

Three Thousand, Four Hundred And Eighty Six Reasons To Have Fully Staffed Ticket Offices

TfL have finally listed ticket fares on their website.

There are 3,486 variations.

If London Underground has it's way, customers will be left to figure out how much money they need to put on their Oyster Cards at ticket machines.

World class service from a world class ticket machine? Not when there are no staff to refill the machine there isn't.

RMT Pledges All Out Fight Over TfL and Tube Lines Cuts

TUBE UNION RMT today pledged an all out fight over the threat to safety, jobs and working conditions from cuts plans announced by Transport for London and expected attacks being worked up by contractor Tube Lines as they look to slash £1.3 billion from the tube upgrade budget.

RMT's executive passed a motion last night condemning the cynical attempt by TfL to smuggle out their threat to axe 800 jobs in ticket offices and on platforms.

LU Calls In 'Forensic Accountants' On Tube Lines Payments To Shareholders

TUBE UNION RMT today demanded that London Mayor Boris Johnson take “urgent and decisive” action to terminate the Tube Lines contract on London Underground as it emerged that LU are calling in forensic accountants to “examine massive and secretive payments to Tube Lines’ shareholders” and after the company were branded as “ailing and failing” by TfL.