Venezuelan oil deal - MayorWatch®

Assembly investigates axing of Venezuela oil deal

By Martin Hoscik ⋅ November 5, 2008 ⋅ 2 comments

The London Assembly is to investigate the implications of ending Ken Livingstone’s controversial ‘oil for advice’ deal with Venezuela. Under the deal London received a payment equivalent to 20 per cent of the price of fuel for the capital’s bus fleet. This saving was passed on to income support recipients - some of the poorest households in London - in the form of reduced bus fares.

Boris announces above inflation fare increase

By Martin Hoscik ⋅ September 4, 2008 ⋅ 8 comments

Boris Johnson has announced a raft of fare increases which will see a single Oyster Pay as You Go bus trip increase to 90p plus higher costs for bus passes and season tickets. Overall fares will increase by six per cent in 2009.

Johnsons Clash Over Half-Priced Fares

By Staff ⋅ August 19, 2008 ⋅ 4 comments

Tomorrow is the last chance for Londoners on income support to claim half-priced travel following the Mayor’s decision to scrap the deal signed by his predecessor with the Venezuelan government.

Wheatcroft Panel Proposal To Slash Hundreds of Millions From Economic Regeneration

By Ken Livingstone ⋅ July 24, 2008 ⋅ 7 comments

The main purpose of this article is to consider the extremely damaging consequences for London that would follow from the implementation of Patience Wheatcroft’s proposals for the London Development Agency.

Livingstone Snubs LDA ‘Forensic Panel’

By Staff ⋅ July 14, 2008 ⋅ 8 comments

Ken Livingstone has confirmed he will not be cooperating with Boris Johnson’s ‘Forensic Audit Panel’ which he set up in May to investigate allegations against the London Development Agency.

TfL ‘To Explore New Fare Concessions’

By Staff ⋅ June 24, 2008 ⋅ One comment

Boris Johnson has asked TfL to investigate new forms of ‘fares concession’ for poorer Londoners. The announcement follows Johnson’s decision to scrap the current Venezuela funded half-price fares scheme.

Labour On Attack After Johnson Doubles Fares For Poorest Londoners

By Staff ⋅ May 26, 2008 ⋅ 2 comments

Labour has accused Mayor of London Boris Johnson of ‘punishing the least well-off and most vulnerable Londoners’ after he announced the scrapping of half price fares for income support recipients.

Johnson Scraps Cheap Fares for Income Support Claimants

By Staff ⋅ May 25, 2008 ⋅ 24 comments

Some of the poorest transport users in London will see bus fares double after Mayor of London Boris Johnson announced the end of a deal with Venezuela’s state-owned oil company which allowed income support recipients benefit from half price bus fares.

In-depth: Venezuelan oil deal