Long-suffering users of Gospel Oak to Barking line finally see electric trains come into service May 23, 2019 Commuters on the poor-performing Gospel Oak to Barking line will finally be given four new electric trains after enduring months of delays and disruption. Users of the line were told a number of times that the electric trains, built by Bombardier, would come into service only to be disappointed by repeated delays caused by software issues. [...]
City Moves for 23 May – Who’s switching jobs at Together, Weightmans and Openfin? May 23, 2019 Today's City Moves includes Together, Weightmans and Openfin. Together Specialist lender Together, which has a loan book of more than £3.74bn, has hired banking heavyweight Simon Raine as an advisor to its board. Simon – who has more than 35 years’ experience in financial services – joins from Handelsbanken, where he helped to develop its [...]
TfL delays investment to ‘future years’ as debt climbs to £11bn May 22, 2019 Transport for London (TfL) delayed nearly half a billion pounds in capital spending during its latest financial year, while its debts climbed past £11bn. Borrowing, which is one of TfL's core funding streams, increased by £728m over the year to a total of £11.2bn, according to TfL board papers filed today. Last year a London [...]
TfL will use your Wi-Fi data to help you avoid Tube delays May 22, 2019 Transport for London (TfL) will soon begin collecting depersonalised Wi-Fi connection data to improve passenger information on the Tube. Read more: TfL rakes in £220,000 a day from Ulez pollution charge From 8 July, TfL will start gathering data from Underground stations with Wi-Fi to gather more information on how people use the Tube. It says this [...]
UK productivity: Wandsworth is the most productive area in London May 22, 2019 Wandsworth has been crowned the most productive local area in the UK as London boroughs dominate the top 10, new figures have revealed. The Cisco Productivity Index showed the south London borough had a productivity level 65 per cent higher than its industrial benchmark. Read more: The secret to the productivity puzzle? Work fewer hours [...]
DEBATE: Is it time to accept the sunk cost and scrap HS2? May 21, 2019 Is it time to accept the sunk cost and scrap HS2? Andrew Bridgen, Conservative MP for North West Leicestershire, says YES. There is a saying that “your first loss is your best loss”. This is where we are with HS2, with its escalating costs and diminishing public support. Initially, the HS2 budget was set at [...]
Walking the walk: The City is on a journey to revolutionise transport in the capital May 20, 2019 For Londoners, complaining about public transport is as commonplace as complaining about the weather. The City of London is the most accessible part of the capital, served by 15 Tube stations, seven Tube lines, eight mainline stations, multiple bus routes, and a fast-evolving bicycle network, but with a working population of 513,000 and home to [...]
TfL rakes in £220,000 a day from mayor Sadiq Khan’s Ulez pollution charge May 16, 2019 Transport for London (TfL) is earning nearly £220,000 a day from the new Ultra-Low Emission Zone (Ulez), which charges vehicles if they do not comply with strict pollution standards in the capital. Read more: Sadiq Khan's Ulez charge lands: How much will London drivers pay? Around 17,400 cars a day paid the £12.50 charge to [...]
French ride-hailing app Kapten puts Uber in its sights as it launches in London May 16, 2019 French ride-hailing app Kapten has taken a swipe at Uber after launching in London this morning. Read more: Uber IPO: Shares slide again on second day of trading The private-hire vehicle company, formerly called Chauffeur Prive, has set up shop in the capital after winning approval from Transport for London. The firm, which is backed [...]
Tube delays: Commuters face Tube misery as severe delays hit two lines May 16, 2019 Commuters were left to suffer a torrid journey to work this morning with two key Tube and transport lines suffering severe delays and one part suspended. The Bakerloo Line was running with severe delays after a signal failure at Queen’s Park this morning. At 11am it was still running minor delays. Read more: Commuter chaos: Severe [...]