TAXI LEAKS EXTRA BIT UP FRONT :
It appears TfL have grossly mismanaged the Tube, just as they have grossly mismanaged Taxi and Private Hire. The Mayor who chairs TFL's board acts as if a deficit of £968m is nothing to worry about.
Last week, TfL announced they were facing a possible £400m shortfall in their finances.
It now appears that TfL haven’t been completely truthful about their budget deficit. (There’s a surprise)
This week an internal email has been leaked to the media which shows that the deficit TfL are facing is well over double the amount stated last week.
The leaked email given to the BBC, describes the finances of TfL, “like a household budget that couldn’t afford to pay the mortgage”.