Wayve raises $1.2bn as self-driving firm gears up for robotaxi launch February 25, 2026 British self-driving car company Wayve has raised $1.2bn (£950m), ticking its valuation up to $8.6bn and marking one of the largest capital raises for a UK AI startup. The funding round was led by Eclipse, Balderton and Softbank Vision Fund 2, with new backing from investors like Ontario Teachers’ Pension Plan, Baillie Gifford, the British [...]
New EV charges threaten fragile consumer confidence February 19, 2026 The UK government wants Britain to go electric, but carmakers are under strict sales targets, grants have been extended, and billions are being funnelled into infrastructure. But at street level, the case for switching still depends on whether the switch will actually save drivers money. That question has become sharper in recent weeks, with TfL [...]
New regulations for pedicabs to curb ‘rip-off’ fares February 18, 2026 Pedicabs will be barred from blasting bangers and charging “rip-off” fares under new rules which will mean rickshaws in the capital face regulations for the first time. Under new rules proposed by Transport for London (TfL), drivers will be required to have a full driving license, pass enhanced criminal checks, and meet English language requirements [...]
Mind the G: Guinness takes over tube platforms in TfL brand deal February 11, 2026 Commuters with sore heads and a creeping sense of dread may fear they’ve seen a mirage when alighting from the Northern Line platforms at Tottenham Court Road for the next week. Eleven tube route maps in the station have been temporarily resigned to mimic a pint of Guinness in Transport for London’s (TfL) latest advertising [...]
City commuter fury as Chancery Lane closed one in six mornings February 6, 2026 Hundreds of thousands of City commuters had their journeys disrupted in 2025 after Chancery Lane tube station was unexpectedly closed for a staggering one in six mornings, City AM can reveal. The Central line station, which sits at the western edge of the Square Mile, was shuttered at short notice during the early hours of [...]
Women-only Tube carriages are a terrible, unworkable idea February 5, 2026 Sex offences on public transport in London are soaring, but the solution is better policing and security across the network not voluntary gender segregation, argues James Ford Harold Macmillan, in a speech in 1961, said that the Liberals (as they were still then called) “offer a mixture of sound and original ideas…unfortunately none of the [...]
Liverpool Street redevelopment tipped to get green light February 5, 2026 The controversial redevelopment of Liverpool Street station has been tipped for approval despite receiving thousands of objections. Planning officers at the City of London Corporation recognised that the plans would cause harm to a number of heritage assets, including the station itself, but said the issues were “clearly and convincingly justified” given the wider benefits [...]
Red signal for £500m Central line upgrade after just four trains refitted February 3, 2026 The planned £500m upgrade of the Central line has hardly got going, City AM can reveal, after the project to refit the key underground line serving the Square Mile suffered severe delays. Just 4 of 71 Central line trains had been successfully refitted by the beginning of 2026, according figures obtained via a freedom of information request [...]
TfL wants to create a publicly owned bus company for London January 28, 2026 Transport for London (TfL) is working on plans to create a publicly owned bus company to compete against private operators in the capital. In its draft business plan, detailing investment priorities for the rest of the decade, TfL said “we will develop detailed proposals for a new publicly owned bus company”. “We will assess how [...]
Forest swerves TfL’s e-scooter trial January 15, 2026 Major bike lenders are snubbing Transport for London’s e-scooter rollout as the capital’s micromobility players question regulations around trials. TfL opened the bidding for the next phase of its e-scooter experiment last week. But major electric bike operators may snub the chance to introduce e-scooters into fleets of rental vehicles across the capital, City AM [...]