https://www.telegraph.co.uk/news/2023/10/31/ulez-is-a-money-spinning-scam/

The Ulez racket is off to a good start. With £12 million raised in the first month alone, the scheme is well on track to help TfL with its ongoing cash crisis. It’ll need every penny it can get.

The organisation’s latest accounts show that it spent £8.5 billion on an income of £5.8 billion, leaving a £2.7 billion hole – or about £300 for every single Londoner. Those struggling to bear the daily £12.50 cost of Sadiq Khan’s ultra low emissions zone should sleep easier knowing their sacrifice is ensuring the skiing holidays and private school fees of the 766 TfL staff who took home total remuneration of over £100,000. Londoners: ask not what your transport authority can do for you, but what you can do for your transport authority.

Just under £1 billion of TfL’s income is now generated by road pricing schemes, including the Ulez and the congestion charge. These schemes aren’t free money, however. Some 37 per cent of the congestion charge’s income was spent on toll facilities and traffic management, as was 65 per cent of the revenue from emissions charges.