TfL postpones IT refresh in £375m cost-saving mission

IT job losses will also play a part in keeping costs down

Transport for London (TfL) has revealed that it plans to save £375m over the next seven years by delaying an upgrade of its technical systems.

These plans are part of a £7.6bn cost reduction plan that TfL announced after the Comprehensive Spending Review last year.

TfL has confirmed that it will hold back on a "technical refresh" to make up part of the £375m planned savings.

It was not confirmed what system upgrades would be postponed.

A spokesperson for the company also said IT jobs would be lost as part of the savings programme.

In other news, it was announced last week that TfL has given up hope of deploying a mobile network on London Underground before the 2012 Olympic Games.

The UK's mobile operators could not establish an effective rollout plan in the limited time frame.