The widespread discontent expressed at TVS’s AGM, the group has led to the formation of TAG, or Transport Action group, which will also question developers’ interpretations of the studies upon which NLE is based, and highlight the alternatives.
Meanwhile, on Monday 12 August Lloyds Bank and an Irish government agency, NAMA, go to court to secure control of the Battersea Power Station site, the terminus of NLE. Lloyds Bank and NAMA have called in borrowings of about £300 million which cannot be repaid by REO, the Irish property company behind Treasury Holdings, the company to which the Mayor Boris Johnson has left public consultation on NLE.
The new community group, provisionally entitled TAG Transport Action group), is investigating alternatives to NLE.
Members will meet the Mayor’s Transport for London in the New Year when, among other questions, TAG will ask why – if NLE is so necessary – TfL itself is not building and paying for the Tube Line.
As things stand, much of the £900 million estimated cost (itself questionable) of the Tube Line whose stations will be in Wandsworth would be thrown, one way or another, upon the Lambeth and Wandsworth public.
TAG’s inaugural meeting at the Tea House Theatre on 7 December drew members from The Vauxhall Society, Viva Vauxhall, the Kennington Association and the Friends of Lansdowne Gardens. To contact TAG, email Vauxhallcs@gmail.com