Councillors told tweed byron merger unlikely to cause financial pain for TfL
Councillors told tweed byron merger unlikely to cause financial pain for TfL
Mayor of London Sadiq Khan said it will not cause any “financapronxial hardship” for TfL.
The mayor told the Today programme that “I think it was a bad idea before” and that it “would have been easier with a stronger company”.
The mayor added: “TfL is very careful because in London, you could be under a lot of pressure not to sell your shares and a lot of that can affect the future of the company.
“So I have to trust them, but I think in the future I think the merger would have been a good thing.”
He said he would not be surprised if he was “over-estimating” the number of jobs that would have been created within the TfL brand by buying into tweed.
The council had no financial impact on the company, despite a warning from the BBC that some 1,500 jobs might be lost and another 300 relocated.
TfL had not commented when contacted by the Guardian. A spokesman said: “All the public meetings in London are open to the더킹카지노 public, there is no set route to get to each session.”
Mayor Khan’s comments have been criti예스카지노cised by Boris Johnson, who told Today the mayor should not have put the “possibility of losing £40m by selling TfL into the minds of everyone that was making such a decision”.
Khan said: “I think there’s one issue I would have wanted to deal with would have been this: what would it mean for me, the mayor of London, what would my business do on leaving TfL?”
He said he did not want to be “betrayed” by the TfL brand.
A TfL spokesman said: “To date it has not been the focus of any discussions between TfL and Mayor Khan because we both want to maximise the benefits of this complex transaction.”
The spokesman also confirmed that the merger would not be subject to shareholder action by the TfL board, as the takeover would be completed through the courts.