TfL faces D-Day, as government funding expires on Friday February 2, 2022 Transport for London (TfL) is about to face its D-Day as the latest round of government funding is set to expire on Friday. “I see it as existential for TfL, as it will determine the TfL of the future,” said TfL’s commissioner Andy Byford this morning during a board meeting. “What we do and what [...]
Elizabeth line is tangibly close to completion, TfL says February 2, 2022 The completion of Crossrail’s Elizabeth line is ‘tangibly close’, according to Transport for London’s commissioner Andy Byford. “It really is that close,” Byford said this morning during a TfL board meeting. “We have really put huge effort into getting the trials off [to a start]. The commissioner added that the quick turnaround of stations was [...]
Motorists to pay the price of TfL’s £1.5bn funding crisis February 1, 2022 Motorists could pay the ultimate price of Transport for London’s (TfL) funding crisis, which is expected to reach £1.4bn by 2024-2025. According to documents shared today, TfL expects to receive up to £300m per year from a series of policies London mayor Sadiq Khan is deciding upon, including the extension of the ultra low emission [...]
Levelling down London will hamstring the rest of the country, report warns January 31, 2022 The levelling up agenda will hamstring the UK economy if it moves business outside of London, reveals a fresh study published today. The government will fail in its ambition to narrow regional inequalities by pushing to stimulate economic activity across the UK “at London’s expense,” according to consultancy EY. Choking London’s contribution to the British [...]
Sadiq Khan: London home-building ‘at risk of stalling’ amid hiked construction costs January 28, 2022 Skyrocketing construction materials are slowing house-building progress in London, Sadiq Khan has warned. The Mayor of London warned new-build developments and extension projects were being hit by a cocktail of rising costs thanks to Brexit and the pandemic. Prices for materials, including steel, timber, and concrete, shot up 23 per cent last year, according to [...]
Fever raises $227m in round led by Goldman Sachs ahead of possible IPO January 26, 2022 Ticketing platform Fever reportedly raised $227m (£168m) in a Goldman Sachs led funding round signalling live events are making a comeback.
Some of Sue Gray report into Number 10 parties scandal could still be released this week January 25, 2022 The Sue Gray report into the Downing street parties scandal may still be partially released in the coming days, despite the newly launched police investigation. A Number 10 spokesperson said the Metropolitan Police will not investigate all allegations of Covid rule-breaking in Downing Street and Whitehall – only those parties that “reach their threshold” needed [...]
Canary Wharf becomes latest Elizabeth line’s station to join TfL January 25, 2022 Canary Wharf has become the latest and penultimate station on the Elizabeth line to be transferred from Crossrail to Transport for London (TfL). “This is the ninth station to be handed over to TfL and marks another big milestone for the Elizabeth line before it opens for passengers in the first half of this year,” [...]
Met chief Cressida Dick confirms police will investigate Downing Street parties January 25, 2022 The Metropolitan Police is to investigate allegations of lockdown rule-breaking parties at Downing Street. Scotland Yard’s commissioner Dame Cressida Dick told members of the London Assembly that police will probe claims of parties held at Number 10. It comes after the police force has previously stated it would not investigate retrospective reports of breaches. Police [...]
Aviation chiefs call for ‘new normal’ now with testing ditched for fully-jabbed fliers January 24, 2022 AIRLINE bosses have called on the government to rule out the introduction of border closures even if a new Covid-19 variant emerges. The government last week brought an end to so-called Plan B restrictions, which saw self-isolation rules and work from home guidance scrapped. With the UK believed to be past the peak of the [...]