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by londons_explore
2587 days ago
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Compare the whole running cost, not just the ticket price. More than half comes from general taxation. Also compare to similarly sized cities. Transportation has a massive scaling benefit. If there are 1000 people on a tube train, charging £2.50 each, that's £2500. The drivers salary for the half hour journey could be perhaps £15. The train and track are going to have their costs spread out over 60 years or more. The land was in most cases given to them for free. The electricity for a 5 mile journey for a train costs £0.50. How else are they spending the remaining £2484.50? Answer:. Staff salaries are insanely high because of unions. Productivity is insanely low because of government work ethic and red tape. Tech is all contracted out an great expense, and all tech is both ancient and custom, stopping them buying in cheap systems from other countries. In some cases, trains are still controlled by men with big mechanical levers which raise flags! |
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- TfL isn't just the Tube. Tube profits are used, among other things, to cross subsidize the buses and ferries and whatnot, which carry less passengers per driver. There's also the stuff like bike infrastructure which has most of its cost frontloaded.
- Track is not a sunk cost, there's also ongoing maintenance and renewal. They've spent billions and are spending billions of pounds on upgrading the signals, and are also spending billions of pounds on upgrading the fleet and make it bigger. Not to mention capital works like building out the Northern Line Extension, the upgrade of Camden Town and eventual separation of the Northern Line, the continuous drive to build accessible access to stations, the assorted array of Crossrail-related upgrades, etc.
- National funding. TfL has seen its operating grant from the Department of Transport shrink to zero since 2017/2018, and has to make up for it from other sources.