TFL has forty million pounds locked into a recently collapsed Iceland Bank.
So who does pick up the bill? All taxpayers, even if they never set foot in London?
Commenting on the announcement that Transport for London had around £40 million invested in the failed Icelandic bank Kaupthing Singer & Friedlander Caroline Pidgeon AM, the Liberal Democrat's transport spokesperson at the London Assembly, says: "It's up to the government to step in to ensure London's travelling public doesn't have to pick up the bill."
Comment