Mizter T wrote:
On 05/02/2014 16:01, Recliner wrote:

Roland Perry wrote:
In message , at 14:02:13 on
Wed, 5 Feb 2014, Paul Corfield remarked:

this is a "must win" dispute for TfL or else they are
in dire trouble in a couple of years time.

Some figures from the news today: the strike has cost £250m and the
projected savings are £50m a year.

I assume that projected cost is to the customers and London business in
general, not TfL, which probably profits from the strike (saved wages, much
higher bus revenues, no refund on Travel cards or season tickets).


I demur - the lost revenue from all those Tube journeys that never were
will be very substantial. The extra planning, extra buses, and extra
staffing (if only those office and managerial staff who would normally be
doing something else, something that mostly presumably still needs to be
done) doesn't come for free.

If many of those would-be Tube pax used multiple buses instead, won't that
have cost them more? But, yes, you're probably right, TfL's revenue would
have been down, but not by a huge amount. Certainly not nearly £250m.