Uber rival Bolt sees surge in London rides three months after launch September 18, 2019 Ride-hailing app Bolt has boasted that 300,000 Londoners have signed up to its platform in just three months since its summer launch, as it aims to dent Uber’s dominance. The startup, which formerly launched in the UK as Taxify two years ago, has also seen around 50,000 drivers join a waiting list to work on [...]
Short-term let adverts banned from Tube following outcry September 18, 2019 Adverts that promoted short-term lettings in the capital have been banned from the Transport for London (TfL) network following criticism from campaigners. London mayor Sadiq Khan was urged to crack down on adverts across the Tube by firms that encouraged landlords to flout the 90-day annual limit for short-term lettings in London. Read more: Overcrowding [...]
Engineer killed working on travelator at Waterloo station September 18, 2019 An engineer has been killed while working on a moving walkway at Waterloo station. A police investigation is currently underway into the incident, which occurred in the early hours of this morning. Read more: Parcel bombs found at Waterloo linked to devices sent to British Army A one-way system has been put in place, with [...]
Tube delays: Commuters face rush hour chaos on four lines after Baker Street signal failure September 18, 2019 Severe delays hit commuters in rush hour today as a signal failure at Baker Street caused disruption across several lines in a tough morning for Londoners. The fault led to severe delays on the Circle Line while the Hammersmith & City Line also suffered severe delays. Transport for London (TfL) urged commuters to use local [...]
Billionaire businessman Teddy Sagi buys Grade II-listed Holborn building for £300m September 17, 2019 Billionaire businessman Teddy Sagi has bought a Grade II listed building in Holborn for £300m through his co-working investment vehicle Labtech. The 300,000 sq ft Victoria House, a neoclassical building constructed in the 1920s, is Labtech’s largest acquisition to date and brings the total value of its property portfolio to around £3bn. Read more: Belgravia’s [...]
Sadiq Khan’s Ulez charge cuts polluting vehicles by over a third and bags TfL £51m September 17, 2019 Sadiq Khan’s Ultra-Low Emission Zone (Ulez), has raked in £51m in its first four months while also reducing the number of polluting vehicles in central London by a third. The policy, which charges polluting vehicles £12.50 a day for entering into the zone, was launched in April by the London mayor. Since then, the number [...]
Mike Brown hits out at ‘bonkers’ TfL borrowing limits September 16, 2019 Transport for London (TfL) boss Mike Brown has criticised the government for imposing “bonkers” limits on its borrowing and for failing to provide it with long-term certainty over its funding. The TfL commissioner told City A.M. that the organisation’s borrowing caps, which are set by government, were based on “no logic other than discussions within [...]
Bank station commuters warned of travel chaos as TfL prepares to shut DLR concourse ‘until 2022’ September 16, 2019 Commuters face years of chaos and overcrowding at busy Bank station starting later this month as the DLR concourse will be shut down as part of the station’s 2022 upgrade. Users of the DLR, which links the Dockland area of east London to Bank, will be directed through a one-way system – which could be [...]
Integrity International Group buys iconic TfL building for £120m September 16, 2019 Transport for London (TfL) has sold its Grade I-listed 55 Broadway headquarters to Integrity International Group for more than £120m. TfL put the 150-year leasehold for the St James’s office complex on the market in May this year in order to reduce its office administration costs and increase revenue for infrastructure works. Read more: Transport [...]
Sadiq Khan under fire for calling Shaun Bailey ‘frit’ in heated City Hall exchange September 12, 2019 Sadiq Khan and Shaun Bailey have traded fresh blows at City Hall this morning, with the mayor calling his Conservative challenger “frit,” and “a wuss”. Khan came under fire from the Conservative Assembly Member for being childish during the monthly Mayor’s Question Time, after implying he was too scared to ask him questions. Read more: [...]