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 [...]
Police search Green Park Tube after reports of man with a knife days after Leytonstone attack December 8, 2015 Armed police officers were deployed to Green Park Tube station this afternoon, after receiving reports that there was a man with a knife in the area. British Transport Police carried out a thorough search of the station and surrounding location, but said there was "no trace of anyone carrying any form of knife of other weapon". [...]
Uber warns EU regulations are holding back Europe’s tech startups December 7, 2015 Cab hailing app Uber has warned European Union (EU) regulation could mean that technology startups from Europe are unable to compete internationally. Uber’s head of public policy in Europe Mark McGann slammed the EU digital single market and said: “I’m concerned about domestic companies in the UK and across Europe not being able to make [...]
Paddington Station reopened after fire alert prompted evacuation December 7, 2015 Paddington Station has been reopened, after being evacuated because of a fire alert this morning. Both police and London Fire Brigade sent crews to Paddington Station to investigate reports of a fire on the Tube alongside Transport for London. The Circle and Hammersmith & City Lines did not stop at the station while the alert was being checked out. Eyewitnesses said [...]
London parking prices: Councils are making a mint from parking charges December 7, 2015 Councils across the country are raking in £1.9m every single day from parking, with the London boroughs of Westminster, Kensington and Chelsea , Camden, Hammersmith and Fulham and Wandsworth pocketing more than anywhere else in the country. The four locations in the capital made £148m between them – more than £400,000 every single day – from parking charges and penalty notices, accounting for [...]