Editorial: TfL deal needed as you can’t grow the UK with London in gridlock February 2, 2022 It is a strange and perverse mark of this government that it seems thoroughly uninterested in Britain’s most successful industries. Financial services were broadly absent from the treaty with the European Union, and barely feature in the post-Brexit discussions instead dominated by debates over our mackerel catch. It seems in a semi-permanent state of war [...]
Levelling up: Khan says ‘deprived’ London areas need funding as much as the North February 2, 2022 Sadiq Khan has said London’s poorest boroughs are “some of the most deprived” in the UK and need funding just as much as the North in response to the government’s newly unveiled levelling up white paper. The mayor of London said he welcomed the new policy plan to help left behind areas in the North [...]
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 [...]
Londoners crazy about e-scooters as TfL trial exceeds half a million trips February 1, 2022 The e-scooter trial launched by Transport for London alongside micromobility operators Lime, TIER and Dott has exceeded more than half a million trips. According to data, since the trial began in early June 180,000 people have made 585,000 trips, for a total of 300 trips per person. October was crowned the busiest month as people [...]
E-scooter firm Dott raises $70m in series B funding extension February 1, 2022 Micromobility firm Dott has raised $70m in an extension to its series B funding, after it was backed by Edinburgh-based investment firm Abrdn and Belgian holding Sofina. Following today’s cash injection, Dott’s total series B funding now stands at over $150m, in a mix of equity and asset-backed debt, including $85m that was announced last [...]
UCL and micromobility operators join forces to develop e-scooter ‘universal sound’ January 28, 2022 University College London (UCL) and micromobility operators TIER, Lime and Dott have joined forces to develop an e-scooter ‘universal sound’ to alert of their approach. Endorsed by Transport for London (TfL), the project will begin next month, while trials will be conducted in the capital throughout the year. The sound will be developed taking into [...]
Office market booms as Tfl passenger numbers climb again January 28, 2022 Take up of Central London office space soared at the end of last year, in a major boost for the City’s revival this winter. Tenants took up 3.2m sq ft of London office space in the final quarter, exclusive data from real estate firm CBRE revealed. This was the strongest take-up since the end of [...]
Have your say: TfL asks Londoners about future of A10 Bishopsgate January 26, 2022 Transport for London (TfL) is asking Londoners to weigh in on the future of the A10 Bishopsgate walking and cycling scheme. Running until 25 July, the consultation will help TfL decide whether to extend the scheme’s life span beyond the 18 months which were initially agreed upon by the governing body in December. “As we [...]