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TfL targets one million fines a year, top Met officer says January 12, 2022 Transport for London (TfL) is set to target one million speeding fines a year, as more than 623,000 prosecutions have taken place between 2020 and 2021. According to Simon Ovens, chief superintendent at the Met’s roads and transport policing command, TfL has “a clear position to get to a target of one million prosecutions a [...]
London needs to slash car use to steer away from ‘filthy air and gridlocked roads’, says Khan January 11, 2022 London needs to slash its car use, otherwise the city faces a crisis of “filthy air and gridlocked roads”, mayor Sadiq Khan has warned. The mayor has urged for “greener means of travel”, after London was crowned the world’s most congested city late year, according to traffic information supplier Inrix. Public transport use in the [...]
TfL finance chief quits post amid financial turmoil for the London transport body January 10, 2022 Transport for London’s (TfL) chief financial officer has resigned amid the transport body’s ongoing financial turmoil. It was announced today that Simon Kilonback will leave his post and join internet provider G.Network, after working at TfL since 2009, in what is another blow to the body as it seeks to secure its financial future. It [...]
Elephant and Castle redevelopment to progress to second phase after loan win January 10, 2022 The redevelopment of the former Elephant and Castle shopping centre has been given a boost after the securing of a development loan. Build-to-rent developer Get Living has acquired £365m from Starwood Capital, The Times reported. This will enable the second phase of the redevelopment, which is set to create 485 homes and a new campus [...]
Union vote: TfL drivers endorse weekend Tube strikes as Londoners face months of disruption January 10, 2022 Members of the National Union of Rail, Maritime and Transport Workers (RMT) working on the London Underground network today voted in favour of strike action. The ballot, which was conducted after RMT members felt they weren’t given enough reassurances on working conditions and jobs, registered a 94 per cent endorsement to the walkout. “A financial [...]
TfL accelerates net-zero goals with start-up partnership January 10, 2022 Transport for London (TfL) is accelerating its net-zero goals for railway by partnering up with London-based start-up Spinview to provide digital monitoring of tracks and tunnels as well as data on CO2 and noise levels. Funded by the UK Government as part of the UK Government’s ‘smart grants’ scheme, the project will initially be trialled [...]
As London passes the peak and transport reopens, could it really be a happy new year? January 10, 2022 London may be emerging from the worst of the new Covid-19 peak, with the capital’s public health boss saying London appears to be past the peak of infections and vital transport infrastructure kicking back into gear today. Professor Kevin Fenton, London’s public health director, said the data suggests “we may have passed or are at [...]
HS2 rushes to purchase land for phase one opening January 9, 2022 HS2 is rushing to acquire several square kilometres of land needed to complete the project’s first phase. Out of the 70km2 needed to connect London to Birmingham, 13km2 are yet to be acquired, a freedom of information request put forward by the Telegraph has revealed. The land for the project can be forcibly bought by [...]
Starting this evening: Londoners should brace themselves for months of tube strikes and travel disruption January 7, 2022 Londoners brace themselves for months of tube strikes which are likely to cause “severe disruption” to night services on weekend evenings until June. Members of the Rail, Maritime and Transport union (RMT) will walk out on Friday and Saturday evenings from this weekend on the Central and Victoria lines in a dispute over rosters. The [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 7, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Burford Capital Burford Capital has hired an arbitration expert and legal finance industry veteran as a new principal in its London office. Mick Smith, who co-founded Calunis Capital in 2006, will focus on global arbitration matters. The former JP [...]