Government agrees £825m loan to finish Crossrail December 1, 2020 The government has agreed a £825m loan to finance the completion Crossrail train link, Grant Shapps today announced. Writing on Twitter, Shapps said that the loan was a “fair dal for taxpayers across the UK”. The loan takes the total cost of the project, which has been plagued by difficulties over its lifespan, to £18.6bn. [...]
London festive travel guide: How to get around safely this Christmas December 1, 2020 UK leaders have agreed to lift coronavirus lockdown restrictions over the festive period, granting families the chance to see their loved ones for Christmas. Under the plans, members of up to three different households will be able to form an exclusive bubble between 23 and 27 December. Transport secretary Grant Shapps has warned Brits to [...]
Proposal to extend Bakerloo line to Beckenham and Hayes gathers steam November 30, 2020 A proposal to extend the Bakerloo Tube line even further south-east than previously planned has garnered considerable support from local residents, Transport for London said today (TfL). Last month the capital’s transport operator launched a consultation into the Bakerloo Line extension, which is currently meant to extend as far as Lewisham. However, TfL is also [...]
Planning permission granted for 454 new homes in Wembley November 27, 2020 Brent Council has given the green light on building 454 new homes, including 40 per cent affordable housing, next to Wembley Park underground station. The scheme covers a 1.6-acre site, and will be delivered across five buildings. The new homes will be a mixture of studios, one, two and three-bedroom apartments. The affordable homes will [...]
Crossrail funding remains up in the air despite government commitment November 25, 2020 Questions remain over the immediate future of the Crossrail link despite the government committing to the £19bn project’s completion in today’s National Infrastructure Strategy (NIS). “The government is continuing to address capacity issues in the capital, by financing the completion of Crossrail”, the paper read. But negotiations over the funding package for the rail link [...]
Exclusive: TfL officials watered down Croydon tram safety audit to ‘placate’ First Group November 25, 2020 Internal emails seen by City A.M. show that Transport for London (TfL) officials agreed to water down an audit into fatigue management on the Croydon tram network in a bid to “placate” the company running the service. A group of TfL executives responsible for a 2017 audit of Tram Operations Limited’s (TOL) safety standards agreed [...]
Tory mayoral candidate pledges to build 100,000 homes for young Londoners November 22, 2020 Young Londoners will be able to buy new homes for £100,000 in the capital with a deposit of just £5,000 if Tory mayor candidate Shaun Bailey is elected next year. Bailey will announce tomorrow that if victorious in the May poll that he will build 100,000 “Millennial homes” that can only be bought by young [...]
Crossrail will be ‘mothballed’ without extra funding, TfL chief warns November 21, 2020 The troubled £19bn Crossrail project is at risk of being “mothballed’ unless it receives urgent additional funding, London’s transport chief has warned. Transport for London (TfL) commissioner Andy Byford this week urged the Department for Transport to provide £80m of immediate support to keep the rail link on track, Sky News reported. In a letter [...]
Santander Cycles to cost commuters just £1 a week November 20, 2020 Londoners will be able to cycle to work for as little as £1 a week under a new scheme being launched by Santander Cycles. Cycling to work provider Cyclescheme has partnered with Transport for London (TfL) on a new programme called City Bike Hire. Under it, those employers who nominate Cyclescheme as their cycle to [...]
London business groups urge Sunak to give capital its fair share in spending review November 19, 2020 A pair of London business advocacy groups have called for the capital to receive significant amounts of funding in Rishi Sunak’s spending review next week amid fears the city could be overlooked. London First and the London Chamber of Commerce and Industry told City A.M. that it was vital the capital was not forgotten by [...]