The existing pay structure is now 15 years and City Hall HR chiefs say “a number of recruitment and retention concerns” have arisen in recent years.
TfL appoints ‘Build to Rent’ partner and promises to built 3,000 new rental homes across London
The homes will be built on existing TfL landholdings, including at Nine Elms, Hounslow West and Arnos Grove Tube stations, and the agency says the ‘Build to Rent’ partnership will deliver a minimum of 40 per cent affordable homes on each site.
TfL confirms £1bn deal to sell and leaseback Elizabeth line trains
Transport for London says it will be able to invest £1bn in frontline services, including introducing new trains on the Piccadilly line, after completing the sale and leaseback of its Elizabeth line trains.
TfL urged to explore Tube station sponsorship deals after poll shows public backing
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.
TfL confirms plans to axe of shorten dozens of London bus routes
The capital’s transport agency is facing significant funding pressures as a result of Mayor Sadiq Khan’s pledge to freeze fares for his entire first term and the withdrawal of central government grants.