Tube Lines boss to quit as strike looms June 7, 2010 TRANSPORT for London (TfL) has begun preparations to take over Tube Lines after overhauling the group’s management structure. Tube Lines chief executive Andrew Cleaves will leave the company following the 30 June acquisition and will be replaced by former Metronet boss Andie Harper. Harper will join Tube Lines this month from the stricken maintenance company, [...]
RMT UNION VOTES FOR TUBE STRIKE June 6, 2010 LONDON’S transport network could be thrown into chaos this summer after tube drivers voted in favour of strike action. A walk-out could spark the worst underground disruption since the two-day strike last June that left thousands of workers stranded. Rail union RMT’s members voted by more than 90 per cent to strike over a “continued [...]
TfL acquires Tube Lines in £310m deal May 9, 2010 TRANSPORT for London (TfL) has purchased Tube Lines for £310m, bringing all of the maintenance on three of London Underground’s lines in-house. The deal now means that the public private partnership (PPP) contract to maintain the Jubilee, Piccadilly and Northern lines will now fall under TfL’s remit. Tube Lines, a subsidiary comprising Amey and Bechtel [...]
Boris threatens to sue Tube Lines over price March 10, 2010 MAYOR Boris Johnson has threatened to take legal action against Tube Lines, after Private Public Partnership (PPP) arbiter, Chris Bolt said the rail contractor can charge? £4.46bn for its services. The decision followed a dispute between Tube Lines and Transport for London (TfL) over the cost of London’s underground rail system. The mayor, along with [...]
Bank DLR to re-open January 26, 2010 A VITAL transport artery into the heart of the City will re-open at the start of next month after an overhaul to allow longer trains to run, Transport for London (TfL) said yesterday. The Docklands Light Railway station at Bank, which has been closed since Christmas Eve for expansion and modernisation works, will re-open on [...]
TfL and Great Portland row over new site January 20, 2010 GREAT Portland Estates clashed with Transport for London (TfL) over the amount the London landlord was paid for two buildings that will make way to build Crossrail’s Bond Street station. TfL paid the property developer £35.9m for 18 and 19 Hanover Square via a compulsory purchase order last month. However, the business insists the properties [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 29, 2009 FINANCIAL TIMES ASIAN SHIPPING LINES SUFFER FURTHER LOSSESTwo of Asia’s biggest shipping lines announced major losses for the June-September quarter in a further sign of the unprecedented severity of the crisis battering the industry. Singapore’s Neptune Orient Lines said that it would lose money at least for the first half of 2010 as it announced [...]
Boris to hike prices for TfL and C-charge October 15, 2009 LONDON Mayor Boris Johnson yesterday blamed the recession and the “mistakes of the past” as he unveiled sweeping hikes to Transport for London’s (TfL) fare package. Johnson said tube fares would rise 3.9 per cent overall next year, while bus prices will jump by 12.7 per cent. The changes come alongside a proposed increase to [...]
FOOD & BOOZE NEWS October 5, 2009 QUO VADIS OPENS ON SUNDAYSFashionable Soho restaurant Quo Vadis is now open for business throughout the weekend, with Sunday lunch and dinner on the menu. Owners Sam and Eddie Hart are aiming for a relaxed, family atmosphere during the day, with entertainers keeping the littl’uns amused upstairs while parents enjoy lunch in the restaurant below. [...]
TfL secures 1bn loan from EIB to help fund Crossrail September 7, 2009 TRANSPORT for London (TfL) has secured a £1bn loan from the European Investment Bank (EIB) to finance 40 per cent of its contribution to the Crossrail project, it will say today. “For the EIB to agree to the loan facility provides international recognition of Crossrail’s importance and is a further milestone in the delivery of [...]