HS2 chairman says stopping the railway at Birmingham would be a ‘complete betrayal’ March 13, 2019 HS2 chairman Allan Cook has said not completing the £56bn railway to the north of England would be a "complete betrayal". Cook, who was appointed as chairman following the departure of former Crossrail head Terry Morgan, told MPs on the Transport Select Committee that HS2 was looking at "all options" to keep the project within budget but rejected suggestions [...]
City Moves for 13 March 2019 – Who’s switching jobs at CMC Markets, TP ICAP and Newgate Communications? March 12, 2019 Today's City Moves include CMC Markets, TP ICAP and Newgate Communications. CMC Markets CMC Markets has announced the appointment of Ahmed Soliman as senior relationship manager. Growing the company’s Dubai presence and working with the global institutional team located in London, Ahmed will be responsible both for new sales and ongoing relationship management in the [...]
TfL saw London Underground thefts rise 25 per cent in 2018 March 12, 2019 Transport for London (TfL) rail services account for almost half of all thefts on trains nationwide, according to data out this week. A total of 4,448 Tube thefts occurred in 2018, up 25 per cent on 2017's 3,500 incidents, while all TfL services together saw a 27 per cent rise to 4,877 thefts. Read more: Buying [...]
The IRA claims responsibility for bombs targeting Heathrow and Waterloo March 12, 2019 Dissident republican group the IRA have claimed responsibility for letter bombs that were sent to London transport hubs and the University of Glasgow last week. The Metropolitan Police said today it was aware of the claim of responsibility for the devices that were received at Heathrow Airport, London City Airport, Waterloo Station and the University [...]
Tube delays: Commuters hit by signal failure on Jubilee Line March 12, 2019 Commuters faced severe delays on the Jubilee Line this morning after disruption threatened to play havoc with their journeys into work. Read more: Revealed: These are London's most stressful Tube stations A signal failure at Waterloo led to severe delays across the entire line this morning, with Transport for London (TfL) advising passengers that their [...]
Tory mayoral hopeful Shaun Bailey pledges 10 per cent salary cut if he defeats Sadiq Khan in 2020 election March 11, 2019 Tory mayoral hopeful Shaun Bailey has vowed to take a 10 per cent pay cut and cap the salaries of his close political advisers if he defeats Sadiq Khan in the 2020 mayoral election. Bailey, who was selected as the Tory choice for mayor last autumn, has pledged to tackle increasing staff costs at City Hall, which he [...]
Siemens commits to building Goole factory ‘whatever the Brexit outcome’ March 11, 2019 Industrial giant Siemens has confirmed its commitment to building a factory in Goole, east Yorkshire, despite jitters in the manufacturing sector over Brexit. Siemens' head of rolling stock William Wilson told City A.M. that the firm, which won a £1.5bn contract to build Transport for London's (TfL) new Piccadilly Line trains, is "committed to building our [...]
Sadiq Khan and local councils gear up for Heathrow third runway legal challenge March 11, 2019 A legal challenge against Heathrow's bid to build the third runway launches today in the High Court. The mayor of London, Sadiq Khan, five local councils and Greenpeace are taking the government to court over objections to the Department for Transport's (DfT) airport national policy statement, (NPS) the legislation that makes the case for Heathrow [...]
Which London Underground line suffers the worst delays? March 8, 2019 Delayed Tube trains and chaotic commuter journeys have long been the fodder of water cooler conversations across the capital. But transport-related tiffs can now be put to rest, as new data has revealed which London Underground line suffers from the worst delays. Data compiled by Casino.co.uk shows denizens of the District line are the worst [...]
Crossrail boss refuses to give railway opening date but ‘very much wants’ 2020 launch March 6, 2019 Crossrail's new chief executive has refused to confirm any date for when the railway will open, saying only that the company "very, very much wants to get this done in 2020". Addressing Westminster's Public Accounts Committee (PAC) today, Mark Wild said Crossrail's next update, due in April, would provide a "window" of opening dates rather [...]