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Bonfire night for London Transport - and the Mayor's fanning the flames

By Len DuvalFire

The Mayor’s bonfire of essential transport projects continued apace this week as he announced that Greenwich’s ‘Waterfront Transit’ (GWT) scheme will be axed. Southeast London has again been let down by a Mayor who, worryingly, has casually abandoned yet another scheme that would have been of immense benefit to Londoners and with it £40 million of investment.

While there were some issues surrounding the routing of the scheme through the Royal Arsenal, which I had been liaising with TfL and the residents’ association on, it was supported by local residents and endorsed by the London Development Agency, Friends of the Earth, Thames Gateway Partnership and the London Borough of Bexley.

The Mayor claims that the decision to scrap the project was taken "following consultation with local residents". But since these consultations took place in 2005 and 2007 and highlighted no major concerns, it is risible that they are now being used to justify the Mayor’s decision.

He also justifies cancelling the scheme because of the his earlier decision to jettison the Thames Gateway Bridge (and with it £350m of PFI credits). This begs the question: why was the scheme not cancelled at the same time as the Bridge in TfL’s recent 10 year Business Plan? Not only did TfL choose not to do this but, in the very same document, they admit that the GWT offered "improved transport links to support major development proposals in south and east London" and would "improve connections for the 2012 Games events in the Greenwich area". Moreover, there is no mention whatsoever of the scheme’s viability being linked to the existence of the Bridge.

When you combine the lost PFI credits from the scrapped Thames Gateway Bridge and the funds that would have been invested in the Transit scheme, southeast London, and Greenwich in particular, has lost out on almost £400million of funding within a year of Boris Johnson’s election. This would be easier to stomach if his decisions stood up to minimal scrutiny, but the reality is, today’s announcement reveals Boris Johnson’s approach to transport policy: arbitrary, inequitable and lacking in strategic vision.

Despite the challenging economic climate, the Mayor needs to understand that capital investment in London’s transport network is part of the solution to the city’s economic revival and long-term competitiveness, not a barrier to it. Based on the number of projects he has scrapped, it could be a long time before the penny drops.

Posted on Apr 01, 2009 at 09:25am

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Thank you Boris.

(Annoying people like this blogger is a bonus)

Max Sceptic @ 44 weeks and 5 days ago
Perhaps you could also write about your labour mayor who buried/changed a survey until the results suited him. See Motorcycles in bus lanes.
lee Matthews @ 44 weeks and 6 days ago
TfL hasn't lost out on £400m of funding, it's lost out on £1000m of crystallised debt.

£1bn for a bridge? That sounds like atrocious value for money.

Good for Boris.
Mike Thomas @ 44 weeks and 6 days ago
PFIs have been a huge con.

Perhaps Boris has worked that out that we can't afford to be conned anymore.

Just a though!

Crazy Carrot @ 44 weeks and 6 days ago
I do not know the details of these schemes and but it is reasonable to assume that they have some merit or they would not have been proposed ; that does not make them 'essential'. They also have some costs and money seems to be something of a problem at the moment; the government having to offer some assistance to PFI providers being relevant. I would find this type of criticism reasonable if you were able to point out expenditure which, in your opinion, should be cut to allow this scheme to proceed on it's greater merit.
Mark Culley @ 44 weeks and 6 days ago
I don't know if the news has reached you yet in south east London, but we are in the middle of a 'global' recession the likes of which none of us has ever seen.

You talk of PFI credits as if they were confetti. In the real world, PFI is a hugely expensive method of spending money now but getting future generations to foot the bill. A mortgage for the un-born to pay.

Britain is broke. We have to cut our metaphorical cloth accordingly.
The Very Celia Stobart @ 44 weeks and 6 days ago
"This begs the question"

Ooooh, my pet hate, no it doesn't, look in a dictionary.


£350m of PFI credits is about £1200m of real money when it comes to p***ing it up the wall, sorry, spending it, isn't it?
Charlie Farley @ 44 weeks and 6 days ago