AJ Bell doubles net inflows as customers flock to its plaform January 21, 2021 AJ Bell doubled its net inflows in the first quarter as it continued to attract new customers to its platform. In a trading update the investment platform said total net inflows in the first quarter reached £1.6bn, double the level reported in the same period last year. Shares in the investment platofrm dipped 0.86 per [...]
TfL gets go-ahead for 852 new homes in Acton January 21, 2021 A new development in Acton has been given the go-ahead by Ealing Council, and will provide 852 new homes for rent and sale in the area. The development covers a 3.6 hectares site and spans from Acton Town station to the level crossing towards Chiswick, TfL’s largest development to date. The new homes will be [...]
Eurostar bailout will be an ‘arm-wrestle’ with French government January 20, 2021 A top transport economist has predicted that the negotiations between the UK and French governments over a bailout for the Eurostar will be an “arm-wrestle”. Speaking to the transport select committee today, Professor Yves Crozet of the University of Lyon said that the UK would have to give ground in order to prop up the [...]
Maskforce: TfL beefs up enforcement of face coverings January 20, 2021 Transport for London (TfL) has hardened its stance against passengers refusing to wear face coverings, after figures released today showed it has handed out almost 2,000 fines for mask-flouters. TfL announced it has expanded its team of enforcement officers to crack down on a “small minority” of the public refusing to comply with social distancing [...]
High Court rules TfL’s ‘Streetspace’ plan unlawful January 20, 2021 The High Court has today ruled that Transport for London’s “Streetspace” plan treated London’s taxi drivers unlawfully. In her judgement, Justice Lang said that TfL “took advantage of the pandemic” to push through “radical changes” to London’s streets. The “ill-considered” response to the pandemic saw taxis banned from using bus lanes in order to ply [...]
Consultants expected to be Covid-19 winners after bagging lucrative contracts January 20, 2021 The UK consultancy sector is expected to grow nine per cent in 2021, after the sector won lucrative contracts during the pandemic.
Transport for London drops plans to make all stations cashless January 19, 2021 Transport for London (TfL) has today dropped plans to make all of its underground, overground, and DLR stations cashless. Last year the transport operator proposed plans to make all ticket machines across its network cashless as a result of the coronavirus pandemic. But after lobbying from campaign groups like London Travel Watch, it has elected [...]
More than £115m of public money spent on Crossrail 2 consultants January 18, 2021 More than £115m of taxpayer money has been spent on Crossrail 2, before the project has even been green lit. The £33bn project, which would see a new north-south Tube line through London, was put on hold earlier this year as Transport for London (TfL) were forced to seek a government bailout. Delays and budget [...]
Volunteer for vaccine trials as part of national effort, urges government January 17, 2021 As the vaccine rollout gathers pace the government is urging the public to play their part by volunteering for vaccine trials as well as helping elderly relatives with jab appointments. The NHS has vaccinated around 45 per cent of those aged over 80 in England and more than 1m have been invited to book an [...]
Canary Wharf could move into Zone 1 in new Transport for London plan to raise fares January 16, 2021 Canary Wharf could move into Zone 1 in new Transport for London plan to raise fares