TFL directors call emergency meeting due to Coronavirus catastrophic hit on finances

Dear RMT members

At 5pm today myself and NEC member Jared Wood attended a Tfl briefing by Directors on the impact of the Corona virus on revenue and finance in Tfl.

Tfl told us that they have been hit catastrophically by the loss of revenue and also are spending £600million every 4 weeks keeping Tfl operating.

Tfl have been in talks with the government on financial support and those negotiations are still in hand.

Emergency company councils have been called tomorrow.

I told the meeting that whilst we are rising to the challenges of the crisis we will not allow any of this to be an attack on our hard won terms, conditions or wellbeing at work.

As soon as we know more I will update you.


John Leach RMT