Tube strike happening now: Victoria, Central, Northern, Jubilee and Piccadilly lines currently all impacted November 26, 2021 Commuter chaos is expected in central London this morning as a tube strike for five lines started at 4.30am today. The Victoria, Central, Northern, Jubilee and Piccadilly line are all affected as RMT drivers are urged not to clock in for work today. TfL said the strike would result in “little or no service in [...]
Mayor of London slams planned tube strikes for putting women’s safety in the lurch November 25, 2021 Sadiq Khan has attacked tube workers’ plans for strike action tomorrow as he said services help London women “get home safely at night.” The Victoria, Central, Northern, Jubilee and Piccadilly lines will be affected as RMT drivers are urged not to clock in for work tomorrow from 4.30am. Transport for London has said the action [...]
Entire Tube line could close as TfL financial crisis deepens November 25, 2021 Transport for London (TfL) is currently considering closing down an entire Tube line as a result of its difficult financial situation. TfL’s chief financial officer Simon Kilonback told the operator’s finance committee that TfL could see the “full closure of a line or part of a line or smaller reductions across the whole network.” “We [...]
Square smile! You are back in the City November 24, 2021 You may have spotted the new Lord Mayor of London, Vincent Keaveny and Policy Chair of the City of London Corporation, Catherine McGuinness next to a new roundel at Bank station, to welcome workers and visitors back to the City. In partnership with TfL, it is part of the City of London Corporation’s Square Smile [...]
Another strike: Londoners face severe tube disruption on 26-28 November, 3-5, 10-12, 17-18 December November 22, 2021 Transport for London (TfL) is hitting back at the strike action planned by the National Union of Rail, Maritime and Transport Workers (RMT), warning that commuters could face severe disruptions because of the “unnecessary strikes”. If going ahead, the strikes – which will disrupt services on two days and eight nights between 26 November and [...]
Metro Bank’s largest City shareholder sells stake after private equity buyer walks November 22, 2021 A leading institutional investor has cashed in its shares at Metro Bank after a US private equity buyer walked out on takeover talks.
London needs to have the powers to control its own destiny – and transport November 22, 2021 It is no longer headline news that Transport for London is facing a financial crisis. Last week the mayor of London revealed the network needed £1.7bn over the next 18 months simply to balance its books, and at least £1.3bn every year to make essential upgrades on the Tubes, trains and buses. This summer, Tfl [...]
Service resumed: Waterloo and City line restored to pre-pandemic timetable November 22, 2021 The Waterloo & City line has returend to a full time-table today after 20 months of closures and restrictions during the pandemic.
Whitehall should not be able to escape TfL’s case for funding November 18, 2021 There is a brilliant, if possibly apocryphal, anecdote that emerged from the 2000 US election. Karl Rove, George W. Bush’s election strategist, was finally accosted by the journalists who had been following Bush on the campaign trail for weeks, reciting the same speech, city by city, state by state. The hacks begged Rove to change [...]
The City View: Metro Bank, Fuller’s and trouble for TfL November 18, 2021 In this edition of The City View, the daily podcast from City A.M., editor Andy Silvester talks to economics and markets correspondent Jack Barnett about Metro Bank, good news from pub group Fuller’s, and funding issues at TfL. Andy also touches bases with River & Mercantile’s Dan Hanbury on where opportunities lie in the UK [...]