Government offers extension of emergency TfL funding deal until May March 18, 2021 The government has today offered to extend its emergency funding deal with Transport for London (TfL) until May, ensuring that services will be able to continue running. The proposed deal would be TfL’s third bailout in the past year, after the body’s revenue plummeted by more than 90 per cent last March during the first [...]
Reducing TfL service levels risks ‘cycle of decline’ in capital, ministers warned March 18, 2021 Forcing Transport for London to reduce service levels as part of its new bailout package could hamper the capital’s recovery from the pandemic and instigate a “cycle of decline”, a group of London business leaders has said. It came as the transport network warned that it had no more mega-projects planned after current works are [...]
More than 2,000 TfL bus drivers have caught Covid-19 since October March 17, 2021 More than 2,000 Transport for London (TfL) bus drivers contracted Covid-19 in the four months between October and January, new data from the operator has shown. According to figures collected from the contractors which run the capital’s bus services, 2,017 of around 25,000 drivers caught the virus in that period. The operator only started collecting [...]
City Corporation welcomes plans to reopen Waterloo and City line March 17, 2021 The City of London Corporation has welcomed a commitment by Transport for London (TfL) to reopen the Waterloo and City line in the coming months. Services on the line – London’s second-most intensively used – have been stopped since March 2020. A TfL board meeting was told yesterday that the line would restart in May or June. [...]
Waterloo and City line to reopen as early as May, London Underground chief says March 17, 2021 London Underground chief says Waterloo and City line to reopen as early as May
Half of Londoners think Sadiq Khan has not done enough to improve London’s affordability March 16, 2021 New polling shows more than half of Londoners think Sadiq Khan has not done enough to make London more affordable as his near 10 per cent council tax rise begins to take effect across the capital.
Air pollution is an invisible killer and a dangerous reality for Londoners March 15, 2021 While Covid-19 and Brexit have continued to dominate national headlines, there’s another another critical issue affecting the lives of every Londoner, which hasn’t been front and centre. Here in the City we’ve started three exciting schemes to help rid the capital of toxic air. In partnership with Camden Council, and funded by TfL through the [...]
London minister Paul Scully on his rise to government March 15, 2021 Paul Scully seems a natural fit for London minister. While the Sutton and Cheam MP didn’t grow up in the capital, Scully was born in Warwickshire and went to school in Bedforshire, he certainly sounds like a nailed-on Londoner. His south London twang is noticeable and so is his relaxed, chatty demeanour – the antithesis [...]
Round the bend again: TfL buckles up for crunch time in latest funding talks March 13, 2021 It’s almost like we’ve been here before. On 31 March, Transport for London will for the third time in under a year run out of money, unless it can agree a new funding deal with the government. The past two bailout packages – totalling £3.3bn – were only agreed after weeks of frantic and at [...]
Corona Impact Series: How the pandemic accelerated this e-scooter provider’s expansion plans March 12, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. This week: How an e-scooter startup from Slough plans to conquer the capital as it is taking advantage of favourable post-pandemic government policies. Electric scooters are increasingly a common [...]