London’s future prosperity depends on a sustainable future for TfL June 7, 2021 News of the latest financial support package for Transport for London (TfL) will have been met by sighs of relief across London. At the very least, buses, trains and tubes will continue running for the next few months. But fundamental questions about TfL’s future and how public transport is funded remain unanswered. Should a transport [...]
Number of Tube journeys rises again as reopening continues June 4, 2021 The number of Tube journeys rose five per cent last week as more and more people continued to head back to workplaces, shopping districts and hospitality venues. Last Thursday there were 1.89m underground journeys made in total, up from 1.78m the week before. Once again, that is the most journeys to be made in a [...]
Lime looks to lessen London’s transport squeeze as e-scooter trial begins June 4, 2021 Tentatively, I step on to the slip-proof board with one nervous foot, kick away the stand with the other, and gently get going. Not having immediately crashed, I rather grandly decide I’m at the forefront of the e-scooter revolution as I begin to accelerate off into King’s Cross’ Granary Square. This, at a ‘safe ride [...]
Exclusive: Government set to take ‘gentle’ approach to get people back to the office June 4, 2021 The government is set to take a “gentle” approach in getting people back to the office this summer, with working from home advice also expected to be scrapped on 21 June if the roadmap goes ahead as planned. Government sources told City A.M. that ministers will not take a hardline approach to get people back [...]
TfL funding uncertainty puts vital HS2 link ‘at risk’ June 4, 2021 Vital London transport projects, including a new rail branch deemed vital to the success of HS2, may have to be mothballed due to continued uncertainty over Transport for London’s future funding. Earlier this week the government gave the transport network yet another short-term deal, worth around £1.1bn, much to TfL’s dismay. But now a new [...]
Office politics: Hybrid working will make WFH look like a walk in the park June 1, 2021 The pandemic has disrupted society on every level. For the world of business, the first national lockdown brought about seismic changes, as entire offices were sent home and IT systems were overhauled within the space of a week or two. But incredibly, this rapid shift to home working was the easy part of the journey [...]
Transport for London secures £1.08bn emergency funding deal June 1, 2021 Transport for London has secured a £1.08bn emergency funding deal with the government to provide financial support during ongoing Covid-19 restrictions. The latest cash injection, agreed with the Department for Transport, will cover the period from 29 May until 11 December. The funding package is designed to contribute to the organisation’s revenue loss due to [...]
Thinking around corners on UK rental market could transform life for the better June 1, 2021 With pubs and restaurants open across London once again, the capital’s young professionals can return to one of their favourite pastimes: gathering together over a drink to complain about the rental market. We all know the stereotypical ladder: you begin in a slightly shabby, probably shared flat, you move on to somewhere on your own [...]
Sadiq Khan: TfL settlement is not the deal we wanted June 1, 2021 London Mayor Sadiq Khan has hit out at the emergency funding package signed off today by Government and TfL to keep the capital running. The deal includes a raft of cuts across Transport for London’s operations and does not go as far as many hoped in providing a long-term settlement for the capital’s transport network. [...]
Electric Boris bikes to join London’s fleet by 2022 May 31, 2021 Boris bikes in the capital will be getting an electric boost in time for summer 2022, as London transport gears up its clean initiatives. In a three-year sponsorship deal, 500 e-bikes are set to be added to the 14,000 bikes-for-hire fleet across the city. ‘Cycling has been a lifeline for many Londoners over the past [...]