TfL forecasts costs of fixing bridges and tunnels will exceed £35m May 17, 2022 Fixing London’s tunnels and bridges will cost Transport for London (TfL) a total of more than £35m by financial year 2024/2025. According to documents released ahead of tomorrow’s committee meeting, TfL has set aside £6.8m for interim and reactive safety measures during the coming financial year, spending £6.2m last year on interim and reactive safety [...]
The Elizabeth line effect: House prices along Crossrail skyrocket by as much as 215 per cent May 17, 2022 With the initial launch of Crossrail imminent, it has emerged that postcodes with stations due to benefit from Crossrail (CR) have seen house prices increase by up to 215 per cent since the project was first announced, carrying a 14 per cent premium versus the wider areas. Postcodes home to a Crossrail station have seen [...]
Royal welcome: Queen attends official opening of long awaited Elizabeth Line May 17, 2022 The Queen amazed everyone when she attended the official opening of the Elizabeth Line on Tuesday morning. The monarch was pictured at Paddington station, where she was welcomed by Prime Minister Boris Johnson, London mayor Sadiq Khan and Transport for London (TfL) commissioner Andy Byford. The Queen, 96, met with Crossrail workers and was presented [...]
The prodigal daughter returns: a love letter to the Northern Line after four long months May 17, 2022 Being grateful for the Monday morning commute is normally the purview of yoga bloggers or influencers, not journalists. But yesterday was a moment to rejoice as the Bank branch of the Northern Line finally reopened its doors after four long months of stasis. The closure of the Moorgate to Kennington service was announced last year [...]
Israeli transport tech firm gears up for London growth with $100m funding injection May 16, 2022 An Israeli transport tech firm is poised for a growth push in London after unveiling a $100m funding injection today, taking its valuation to $1.3bn.
Grand opening: Sadiq Khan cuts the ribbon of Northern line’s Bank branch May 16, 2022 London mayor Sadiq Khan has reopened the Northern line’s Bank following a 17-week closure. The line was closed between Moorgate and Kennington on 15 January to allow for upgrades including a new system of tunnels and a more spacious southbound platform at Bank station. “Today marks the first in a series of transport milestones for [...]
Queen’s Platinum Jubilee: TfL marks monarch’s landmark by turning buses purple May 13, 2022 Transport for London (TfL) is turning buses purple in honour of the Queen’s Platinum Jubilee this June. The public body will wrap in several buses servicing routes usually associated with the monarchy, including Kensington Palace and Westminster Abbey. “London is looking forward to hosting the historic celebrations of the Platinum Jubilee in June, and it [...]
TfL announces reopening of Jubilee line Night Tube services May 13, 2022 Transport for London (TfL) has announced that Night Tube services on the Jubilee line will resume from next Saturday. Jubilee services will run on Friday and Saturday night, joining the Central and Victoria lines – which reopened in November after the public demanded the reopening to guarantee the safety of more vulnerable people. “From next [...]
TfL pauses works on London bridges’ anti-terror barriers due to financial pressure May 13, 2022 Transport for London (TfL) reportedly paused its plans to instal £35m worth of permanent anti-terror barriers on London bridges because of its financial situation. TfL board papers, which were released ahead of next’s week committee meeting, report that “several planned projects,” won’t go ahead because of “the reduced funding available,” the Evening Standard reported. Called [...]
Grainger: UK’s largest listed landlord sets aside £9.2m for fire safety remediation May 12, 2022 The UK’s largest listed residential landlord has taken a £9.2m provision to fix historic fire safety defects. The build-to-rent developer was not asked by the government to sign up to the building safety pledge, however reviewed its estate in a similar fashion. Speaking to CityA.M., CEO Helen Gordon said the company had “mirrored” housebuilders and [...]