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LONDON COUNCILS CRITICISE TRANSPORT ALLOCATION

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London Councils has criticised the below-inflation transfer of money to councils from Transport for London (TfL)....
London Councils has criticised the below-inflation transfer of money to councils from Transport for London (TfL).

Mayor of London Ken Livingstone announced£160m of funding for London boroughs to spend on local transport improvements next near.

Allocations ranged from£1.9m for Kensington and Chelsea LBC to£6.9m for Richmond LBC.

But Daniel Moylan (Con), chairman of London Councils transport and environment committee, said: 'While today's announcement is an increase in funding, it is unfortunate that it is below the rate of inflation.'

'In fact TfL received a funding increase of 8.75% from the government for transport schemes in 2007/08, but TfL is only transferring an additional 0.75% of this amount to the boroughs,' he added.

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