Londoners paying £42,700 premium to live near Tube and train stations Transport and infrastructure Home buyers in London are paying as much as a £42,700 premium to live close to a train station. According to research from Nationwide Building Society, there is a stark pricing gulf between houses within 500 metres of a station compared to 1,500 metres. Londoners face a significantly higher premium compared to other major urban [...]
Spending review: Rachel Reeves pledges £15.6bn for regional transport Politics The government has made its biggest spending announcement since Labour’s drubbing at the local elections in May, with a pledge from Chancellor Rachel Reeves to double investment in local transport over the next five years. A £15.6bn cash injection will form a major pillar of the 11 June spending review, which the Treasury says would [...]
Major disruption for Manchester’s Metrolink after ‘unstable land’ warning stops trams Transport A major part of Manchester's Metrolink tram network has been suspended until further notice after unable land made it unsafe to run services.