Transport for London gets Moody’s upgrade despite funding concerns Rail Credit ratings agency Moody's has given TfL's finances a vote of confidence, amid city calls for more funding ahead of the Autumn statement.
Transport for London renames Bond Street ‘Burberry Street’ – and the internet is not impressed Transport faux pas Oh dear! A quirky move by TFL to rename Bond Street as Burberry Street in celebration of London Fashion Week, has not gone down well on the internet.. The West-End tube stop which is home to a number of high end stores will now be transformed into Burberry Street for one week while top models [...]
Spring Budget 2024: Transport for London in ‘terminal decline’ if new cash not forthcoming Spring Budget As the Spring Budget looms, London's real estate sector has launched fresh calls for a long-term funding package for Transport for London.
Sadiq Khan under fire for breaking his pledge to ban Transport for London gambling ads March 15, 2024 London Mayor Sadiq Khan has come under fire for breaking a pledge to ban gambling adverts on the London tube.
Explainer: The cost of transport in London is higher than any other major city March 24, 2023 If you live in London, you will have noticed public transport costs have gone up. And by quite a big chunk – from the 5th of March TfL fares went up by an average of 5.9 per cent. This makes the UK the country with the most expensive public transport in the world, according to [...]
DEAL DONE: Transport for London signs funding settlement with government August 30, 2022 Transport for London (TfL) has signed a long-term funding deal with central government to keep London moving until spring 2024. It comes after two years of fraught negotiations between the TfL and the government after passenger revenues fell due to the pandemic’s impact. The deal was signed off by Transport for London at a board [...]
Transport for London warns of huge crowds on Coronation weekend – and here’s what they’re doing about it April 18, 2023 Service providers such as Transport for London which operates the tube and bus network in the Capital have warned of huge central London crowds between 6 and 8 May over the bank holiday weekend. Extra train services are being laid on for the King’s coronation weekend, but the transport operation will not match the scale [...]
Political rivalry will keep Transport for London in eternal financial purgatory August 4, 2022 People who live and work in London know the city would grind to a halt without an efficient public transport network. Almost half of the country’s 22 million public transport journeys undertaken every day are in London. Just a quarter of Londoners use a car to get to work – elsewhere it is 70 per [...]
New tube map featuring the Elizabeth Line unveiled by Transport for London May 19, 2022 A new tube map featuring the Elizabeth Line has been unveiled by Transport for London. Ahead of its official launch on Tuesday 24 May, Crossrail appears as a double purple line, differentiating it from other underground routes. In the biggest change to the iconic tube map for years, the new line appears alongside the London [...]
Transport for London’s haphazard funding model must now be made fit for the future June 22, 2022 SINCE the pandemic wiped out much of Transport for London’s fares income, London’s transport network has faced an existential crisis. The Elizabeth Line’s opening was a rare upbeat moment in a miserable couple of years of uncertainty for the city.