Focus On Woolwich: Crossrail, a huge regeneration project, cultural quarter and affordable housing in SE18 July 14, 2017 The West End, the Southbank, Shoreditch and now… Woolwich? Could this south east London suburb be the new place you head to on a Saturday night to soak up some culture? If it’s astronomical house price rises over the past five years are anything to go by, it could well be. In March, planning permission [...]
Canadian owners of HS1 sell high-speed line linking London and the Channel Tunnel to consortium of funds for over £3bn July 14, 2017 The Canadian owners of HS1, the high-speed railway connecting London to the Channel Tunnel, have sold it to a consortium advised by InfraRed Capital Partners and Equitix Investment Management. InfraRed advised third party funds including HICL Infrastructure Company and the National Pension Service of the Republic of Korea for the deal. HICL and the Equitix [...]
Crossrail gets bigger: TfL to ramp up number and frequency of Elizabeth Line services with Reading ones doubled | City A.M. July 13, 2017 More services will be run on the Elizabeth Line than originally planned, Transport for London (TfL) announced today. Services from Reading will be doubled, while there will also be increased services to Maidenhead, Ealing Broadway, Southall and Hayes & Harlington when the line becomes fully operational at the end of 2019. TfL is bolstering the [...]
Hopes for Crossrail 2 get fresh lift as chief secretary to the Treasury Liz Truss gets £31bn rail project added to her brief July 12, 2017 Crossrail 2 hopes were given a boost after it emerged Treasury minister Liz Truss had been given responsibility for Crossrail 2 last week. Marking the first notable mention of Crossrail 2 by the government since the election, the rail project has appeared as part of Truss’ portfolio in her Treasury profile, since moving from her [...]
Meet the three startups joining Pfizer’s healthtech accelerator that could soon help the NHS July 6, 2017 Three tech startups have been selected by pharmaceutical giant Pfizer to help tackle pressing health issues facing the National Health Service An app offering social care on demand, Cera, and another offering prescription deliveries, Echo, along with GiveVision, a startup developing a headset to improve sight for the visually impaired, will join its new healthtech [...]
Transport for London (TfL) says one billion contactless payment journeys have now been made across London’s transport network July 6, 2017 Over one billion journeys have now been made on London’s transport network using contactless payment cards, according to new figures from Transport for London (TfL). Almost £2bn has been spent by customers using pay as you go with contactless since it was introduced at the end of 2012, And TfL said that customers have saved [...]
Focus On New Cross: With year-on-year house price growth at nearly 15 per cent, SE14 is a safe bet in Zone Two July 3, 2017 Like many areas tipped for great growth in years to come, New Cross is a place that’s sandwiched in between two much trendier neighbours. The meteoric rise of Peckham and Deptford has left poor SE14 trailing in its wake, but there’s no reason why it shouldn’t be just as popular in just a few years. [...]
Uber wins right to appeal Transport for London’s (TfL) English written tests for private hire drivers as court date is set for 20 February 2018 | City A.M. June 27, 2017 Transport for London (TfL) has announced it will push back the introduction of a written English language test for private hire drivers from September this year to April 2018, after Uber won its right to appeal the matter. The case will be heard from 20 February next year. The ride-hailing app lost a High Court [...]
Crossrail 2 route shake-up: Transport for London’s business case proposal scraps Kings Road Chelsea station June 26, 2017 A controversial station at Kings Road Chelsea, set to form part of Crossrail 2, has been dropped from the latest business case for the planned rail route. In the business case which TfL sent to the government in March, and seen by City A.M., the latest route for the railway running across London and the [...]
Crossrail honcho says £14.8bn project will “change London’s geography” as first Elizabeth Line train enters passenger service June 26, 2017 Eight years after construction started on the £14.8bn Crossrail project, the first Elizabeth Line train entered passenger service last Thursday between Liverpool Street main line and Shenfield. The train, complete with air conditioning and walk-through carriages, will be part of a fleet of 66 that operate on the new line, with eleven being introduced by [...]