London taxpayers could be about to pick up the tab for a host of political campaigning videos after City Hall’s internal watchdog authorised the use of official resources for a video backing a second Brexit vote.
In 2016 the two organisations announced a five-year, non-exclusive deal which entitles Cubic to include software developed in-house by TfL as part of the contactless ticketing systems it provides to other transport operators.
The agency is currently running a £1 billion deficit and is likely to face even greater financial pressures following the decision to delay Crossrail’s opening until next Autumn as fares and commercial revenue from the new rail link had been factored into TfL’s business plan.
A new range of Metropolitan Police branded merchandise is set to hit stores after the force hired brand extension specialists Point.1888 to identify commercial opportunities which, it’s hoped, will raise funds to help offset recent budget cuts.
Transport for London bosses have warned that they could be forced to introduce “major” traffic restrictions on some key routes, including the Rotherhithe Tunnel and Vauxhall Bridge, as a result of cuts to their road maintenance budgets.