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      2mins: The startup tackling Britain’s financial literacy crisis

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Transport & Infrastructure

  • Crossrail’s coming: Here’s the date the Elizabeth Line will open in December

    July 5, 2018

    London has long been counting down the days for when the Elizabeth Line finally goes live, and now we have a date. While the launch of the Elizabeth Line may have been slightly dampened by the news it might not be accompanied by a pedestrianised Oxford Street after Westminster City Council (WCC) unexpectedly pulled the [...]

  • Govia launches new compensation scheme for commuters disrupted by May timetable mayhem

    July 4, 2018

    Thameslink and Great Northern passengers will be able to claim more money back following the May timetable shambles after Govia Thameslink Railway (GTR) and the Department for Transport (DfT) agreed to a special compensation scheme for those most severely affected by the changes. Compensation will be paid to qualifying season ticket holders according to the [...]

  • Govia Thameslink Railway promises ‘more dependable’ train timetable from 15 July with peak services prioritised

    July 3, 2018

    Train operators have taken out a half-page newspaper advert to offer "a sincere apology" to customers, pledging a more dependable timetable later this month after previous changes caused chaos. Southern and Thameslink parent Govia Thameslink Railway (GTR) and Network Rail penned the note, which said: On behalf of Thameslink, Great Northern and Network Rail we [...]

  • Elon Musk either ‘deceptive or delusional’, says valuation expert

    July 2, 2018

    Billionaire Elon Musk has been branded ‘deceptive or delusional’ by a respected valuation expert for insisting his electric car company Tesla can hit production targets and turn a profit. The tycoon said 5,000 Model 3 Tesla saloons a week would be produced by the end of June, and that the company would become cash flow [...]

  • Westminster City Council sets out next steps for Oxford Street pedestrianisation alternative to tackle Elizabeth Line crowding

    July 2, 2018

    After the controversial decision to put the brakes on Oxford Street pedestrianisation plans indefinitely, Westminster City Council will meet to discuss its alternative plans for the London shopping hotspot next week. The council's cabinet will meet on Monday 9 July to consider a report setting out the next steps for transforming the Oxford Street district. [...]

  • Govia Thameslink faces loss of franchise if service does not improve

    July 1, 2018

    "Tough action" promised by the government against rail operator Govia Thameslink could extend as far as removing franchises unless it improves its dire recent performance for commuters in the South East. Transport secretary Chris Grayling could strip franchises within weeks, after the introduction of a new timetable on 20 May caused widespread disruption, the BBC [...]

  • Crossrail ditches the purple for these yellow Elizabeth Line trains

    June 29, 2018

    You may have seen the rather striking new addition to the Tube map as previewed by Transport for London (TfL) in December to show the addition of the purple Elizabeth Line ahead of its December launch. And that royal purple colour has already been featured across the brand new Elizabeth Line trains revealed back in [...]

  • Carlos Ghosn says Nissan is ‘in the dark’ over Brexit

    June 27, 2018

    Nissan is "in the dark" about the UK's impending departure from the EU, the chairman and CEO of the Renault-Nissan alliance has said. Carlos Ghosn told the BBC it was "difficult to take a position not knowing what Brexit will look like". He said Nissan made about 500,000 cars last year, and that 80 per [...]

  • Why did TfL strip Uber of its licence and what did it do to get it back?

    June 26, 2018

    After months of deliberation, Uber was today granted a 15-month licence after persuading Westminster Magistrates' Court that it had changed its ways and was now a "fit and proper" operator in the capital. City A.M. looks back at why TfL took the dramatic decision last year and what Uber did to try and win it [...]

  • Tube strike on the Piccadilly Line announced for July coinciding with Trump’s London visit

    June 26, 2018

    A London Underground strike on the Piccadilly Line has been announced for Wednesday 11 July to Saturday 14 July due to a row over working conditions. The Rail, Maritime and Transport (RMT) union said the dispute was over a failure by the Underground to employ enough drivers and ongoing problems with the ageing Piccadilly Line [...]

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