Roland Perry wrote:
In message , at 16:47:56 on Mon, 25 Apr
2016, Mizter T remarked:

I always thought the Highways Agency was in charge of those motorways,
not TfL; but putting that to one side it does look as if the majority of
the money will be going on public transport, which will then pay much of
it back through fares.

Er... re the last point - where on earth do you get that idea from, let
alone that level of certainty?

Even taking into account the Network Grant, several rail services in the
London area create a surplus.

Yes, that's an operating profit. I doubt that they're making a bottom line
profit if you allow for the value of the assets used.