Transport for London (TfL) faces near £1bn operational deficit as revenue raising efforts run into trouble February 12, 2018 Transport for London (TfL) faces a near £1bn operational deficit next year, as it looks to secure new revenue raising options amid a surprise dip in passenger numbers and the loss of government funding. The organisation said in its most recent business plan that it expects a £784m deficit this year, which will then hit [...]
Metropolitan Line extension stalemate between mayor Sadiq Khan and government leaves TfL mulling bus scheme alternative February 8, 2018 Transport for London (TfL) is working on alternatives to the Watford Metropolitan Line extension after progress stalled when the mayor and the government could not agree on terms for taking the scheme forward. The extension was intended to go to Watford Junction, diverting Metropolitan line trains to serve the existing Watford High Street and Watford [...]
TfL dealt blow by Chris Grayling as he steps in to block “excessive” rise in penalty charges for London motorists February 8, 2018 Transport for London (TfL) has been dealt a fresh blow to its finances after Chris Grayling stepped in to block plans increasing motorist penalties in the capital, set to provide a revenue boost to the organisation. In correspondence seen by City A.M., London mayor Sadiq Khan wrote to the transport secretary in December to notify [...]
Focus On Vauxhall: Donald Trump might not be keen on it, but international investors dig these skyscrapers south of the river February 2, 2018 Vauxhall got dragged through the mud by no less a figure than the President of the United States recently. The US Embassy’s much touted move to the “off location” was supposedly the reason behind Donald Trump’s cancelled visit to the UK, even though the new building has its own moat. Clearly, tech behemoth Apple didn’t [...]
Crossrail 2 progress stalls as independent funding review won’t wrap up until the autumn February 1, 2018 Progress on the £31bn Crossrail 2 project has stuttered, after Transport for London (TfL) said today an independent financing review sought by the government will not be completed until the autumn. It means hopes for a public consultation getting underway early this year have been dashed. TfL’s director of City Planning, Alex Williams told the [...]
City Hall presses Philip Hammond to return Londoners’ £500m in vehicle excise duty February 1, 2018 The London Assembly is pressing Philip Hammond to return some of the £500m the capital contributes to the government in vehicle excise duty (VED). Sadiq Khan has complained that none of the VED generated by London is spent on roads in the capital, which he says has put a strain on Transport for London (TfL), [...]
Delta Air Lines brings real-time luggage tracking to its London Heathrow transatlantic flights February 1, 2018 Worried about the prospect of never seeing your luggage again once it’s been loaded onto a flight? Well, fear not, for Delta is now rolling out real-time bag tracking for its London transatlantic flights. Customers will be able to keep track of their checked bags on its flights between London Heathrow and the US via [...]
Ford’s Chariot commuter shuttle bus service has just started on four London routes January 30, 2018 Ford's Chariot commuter shuttle bus service has got underway this week, after getting the green light from Transport for London (TfL) on four of the six routes it proposed. In a statement, the car giant said: Chariot’s commuter ride-share service will complement the existing public transport system by offering in-app ride booking for first- and [...]
Elizabeth Line opening to top expectations on new homes and jobs created as end of Crossrail project draws closer January 30, 2018 The number of homes and jobs created due to the development of the £14.8bn Elizabeth Line is set to greatly surpass expectations, according to a new report by commercial property agency GVA. The research, commissioned by Crossrail, found that the impact of the new railway on the creation of new homes and impact on property [...]
Northern Line passengers to get quicker and more frequent journeys as TfL boosts services on busiest London line | City A.M. January 29, 2018 Transport for London (TfL) said today over 200,000 Northern Line passengers will benefit from quicker and more frequent trips as it boosts its high frequency services. From today, 225,000 commuters will benefit from a new timetable which will see TfL doubling the length of its highest frequency “evening peak” services in the central London section [...]