A lie in several parts, this one:

Spin:

The bus:

“I imagine the cost of the development of that new bus will be borne by the industry, and as for the rolling out of the bus….we’re going to have rolling out of the buses, some prototype new buses on the streets…”

The cycle hire scheme:

“We will broker a deal with a private company to bring thousands of bikes to the capital at no cost to the taxpayer

The cable car:

In a statement issued in July 2010, Johnson said: “The aim is to fund the construction of the scheme entirely from private finance and discussions are ongoing with a number of private sector organisations that have expressed interest in the project.”

Reality:

The bus:

  • Financial Authority in Business Plan  £10,280k
  • Previous Project Authority Granted  £10,518k
  • Total Project Authority Granted  £11,065k
  • Estimated Final Cost  £11,065k

The cycle hire scheme:

The cable car:

“Just 18 months ago Boris Johnson was peddling the claim that the Thames Cable Car would not cost the taxpayer a penny.

“The reality is that public funding has already taken place due to London Development Agency being forced to support the scheme and it is now clear the Mayor hopes taxpayers will contribute again through the European Regional Development Fund.”

 
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