Cashless Britain: Mobile payments are transforming our society – cash could be obsolete in the UK by 2020 December 13, 2015 A woman waves her watch at the automated barrier to gain entry to the train. When she exits she will do the same and her fee will be automatically calculated. Apart from the one-time set-up of her account, she has nothing else to do. No ticket to order, no card to carry, no ticket to [...]
Focus On London Bridge: Why house prices are on the rise next to The Shard December 11, 2015 Children in nursery may sing about London Bridge falling down, but in property circles, it’s building up and the sky’s the limit. The area first became a part of London’s fabric due to its famously crumbly bridge, which was built by the Romans and was the first to cross the Thames. It was originally made [...]
Heathrow expansion: Transport secretary Patrick McLoughlin says Gatwick is still an option, government will “hopefully” decide next summer December 11, 2015 Transport secretary Patrick McLoughlin has kept the door open for Gatwick to secure approval for London's airport expansion, a day after the government said the deadline for a decision had been kicked into the long grass. While the government has made "important movements" on the issue of airport expansion, Loughlin warned the government will only "hopefully" make a [...]
Heathrow decision delayed: Government confirms deadline has been extended until next summer December 10, 2015 The government has confirmed that it will delay making a decision on whether to expand Heathrow Airport until at least next summer. In an announcement that sparked outrage among business groups, the government said that it "accepted the case for airport expansion in the south-east and the Airports Commission’s shortlist of options for expansion" but "more work [...]
How normal are your spending habits? UK household expenditure reveals what Britons spend most money on December 10, 2015 Do you spend more or less money on wine than the average Briton? How about takeaway coffees? You probably already know that that daily vanilla latte you buy to get you through the morning commute tallies up to astronomical sums over the course of the year. But if you’re worried, or perhaps just curious, about [...]
Transport for London lost £61.5m to fare dodgers on the Tube in 2015 December 10, 2015 The amount Transport for London (TfL) losses to fare dodgers on the Tube increased 207 per cent to £61.47m in 2015, up from £20m in 2010/11. Approximately 4.5p in every journey is lost thanks to fare evasion, up from 1.8p in 2011. Labour London Assembly transport spokeswoman Val Shawcross said the rise in fare evasion [...]
London Assembly committee calls on Treasury to hand stamp duty over to Mayor December 10, 2015 The London Assembly's Regeneration Committee has a strong message for the next Mayor: lobby for stamp duty devolution to secure sustainable funding for the city's transportation. With London's population expected to grow to 10 million by 2030, the Committee says that increased transport is key to accommodate the growth. More funding would go toward developing [...]
Consumer group Which? attacks Transport for London’s proposals to clamp down on Uber December 9, 2015 Consumer group Which? has criticised Transport for London’s (TfL) plans for Uber as “stifling” and “dangerous.” TfL has proposed new regulations for Uber, including introducing a minimum wait time of five minutes, even if a car is immediately available. Sharing a ride with other people would be banned, as would displaying nearby drivers’ availability on the [...]
London Underground’s record passenger numbers help it to its busiest day ever December 9, 2015 Nearly five million people took the Tube last Friday, helping London Underground smash its record for the number of customer passenger journeys made in one day. A record 4.821m customers travelled on the Tube on 4 December, making it the network’s busiest day ever, Transport for London (TfL) has said today. It came as the Tube had [...]
City of London Police officers patrol area around London Stock Exchange as part of Project Servator December 9, 2015 City police were out in full force at the London Stock Exchange yesterday, with dozens of uniformed police officers, many armed, patrolling Paternoster Square and the surrounding area. City A.M. understands that the beefed-up police presence was part of an ongoing practice known as Project Servator. The high-visibility policing tactics, first brought in by the [...]