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  • Aslef wants trams back under TfL control after Croydon tram crash

    November 16, 2016

    Train drivers' union Aslef has called on tram operation to be taken under the direct control of Transport for London (TfL). The Rail Accident Investigation Branch (RAIB) today released an interim report into the Croydon tram crash last week where seven people lost their lives and 51 were injured after a tram derailed.  The report [...]

  • Croydon crash tram was going 43.5mph in an area with a 12.5mph speed limit

    November 16, 2016

    An initial investigation into the Croydon tram crash on 9 November has revealed the tram was being driven over three times the permitted speed when it crashed. The Rail Accident Investigation Branch's (RAIB) initial report has confirmed initial indications that  "the tram was travelling at significantly higher speed than is permitted". On the section involved, [...]

  • Mayor of London Sadiq Khan backs legal action against Heathrow expansion

    November 16, 2016

    Mayor of London Sadiq Khan has stuck by his pledge to stand against Heathrow expansion, saying he will support a legal challenge to the government's decision. He has directed Transport for London (TfL) to provide advice and assistance to affected borough councils, including Hillingdon, Richmond, Wandsworth and Windsor and Maidenhead as they prepare for a joint [...]

  • Transport for London offers to pay for the funerals of Croydon tram crash victims

    November 16, 2016

    Transport for London (TfL) has offered to pay for the funerals of the seven victims of the Croydon tram crash on 9 November. Six men and one woman died, while 51 others were injured, after a tram derailed. TfL pledged to do "everything we can to support the families and all those affected". Read more: Watch: [...]

  • London, this is Scotland calling…

    November 16, 2016

    To paraphrase the comedy legend, Billy Connolly: "Never trust a man who, when left alone with a tea cosy, doesn't try it out for size." He had a point. And this same sense of innovation is not lost on Scotland's financial sector. Over the decades major multinationals have tried Scotland out for size, and found it a perfect fit for their [...]

  • Face-to-face VC contact adds genuine value to startups

    November 16, 2016

    For the uninitiated, it can be easy to assume that venture capital firms select the startups they invest in in the same way stock market investors pick companies – by looking for a promising opportunity to grow their capital, based on historical trends, business plans, and other rational decision factors. The truth is that venture capital investment [...]

  • Pressure mounts on mayor Sadiq Khan to step in over London Underground strike action

    November 15, 2016

    London mayor Sadiq Khan is facing calls to step in over prospective strike action on the London Underground. The Rail, Maritime and Transport (RMT) union announced earlier today that thousands of its members had voted in favour of industrial action. The RMT said that balloting on two disputes had resulted in workers supporting strike action. [...]

  • Sadiq Khan ditches initial Westway cycle superhighway plans

    November 15, 2016

    Plans to create a cycle superhighway by removing a lane from the A40 Westway flyover have been ditched. Sadiq Khan axed the idea and is recommending changes to the scheme. More details will be announced in the coming weeks. While the idea of removing one of three lanes drew 71 per cent support from a Transport for [...]

  • Thousands of London Underground staff vote to go on strike, says RMT

    November 15, 2016

    The Rail, Maritime and Transport (RMT) union has announced that workers on the London Underground have voted to go on strike in two separate disputes. The RMT carried out two separate ballots: one of 400 Piccadilly Line drivers and the other of over 3,000 station workers. The union said the former was over a "wholesale breakdown" [...]

  • FirstGroup keeps chugging on and is set to meet expectations despite challenging UK conditions

    November 15, 2016

    FirstGroup revealed interim results in line with expectations this morning, and said it's on track to significantly increase free cash generation for 2016/17 financial year. The figures Revenue was up 5.1 per cent to £2.6bn, while FirstGroup recorded a flat adjusted operating profit margin (in constant currency). Two thirds of business was based in dollars, so the [...]

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