Union says driverless tube would cost £7bn
The rail union ASLEF has published details of what it says is a leaked document which estimates that introducing driverless trains onto the London Underground would be “economically unfeasible”. It says the detailed 26 page document – compiled in August – which came into the hands of ASLEF, says the cost would be £7 billion, […]
TfL set for emergency funding meeting
Transport for London is planning an emergency meeting about its finances amid rumours the organisation is about to run out of money and that government bailout talks are not going well. City AM reports that multiple sources inside City Hall believe that there will not be an agreement before Saturday, which is the day Mayor […]
TfL “will run out of money in days”
It’s reported Transport for London is only nine days away from running out of money as it negotiates a fresh bailout with the government. Financial newspaper City AM says TfL is in negotiations with the Department for Transport over the funding settlement, with mayor Sadiq Khan asking for £5.65bn over the next 18 months. It […]
Free travel considered to bring people back to Central London
Visitors into the middle of London could get their first journey free in an attempt to stimulate demand for travel in the capital again. ITV reports that The First Ride Free scheme, deemed the public travel equivalent to the Eat Out to Help Out initiative rolled out nationwide during August, is being considered by Transport […]
Public sector transport experts line up to speak at JCT online Symposium 2020
Experts from the Department for Transport, Highways England and Transport for London have signed up to speak at this year’s JCT Traffic Signals Symposium. The popular event will be held online on 22 and 23 September because a physical event is impossible under current government restrictions. Places are free to delegates thanks to the support […]
Former TfL Commissioner joins MottMac
Mott MacDonald has appointed the former Transport for London Commissioner Mike Brown as an independent member of its shareholders’ committee. It says that, as part of the 20-strong committee comprised of senior Mott MacDonald employee shareholders, Brown will “provide support, oversight and challenge to the executive board”. It adds that, with extensive experience of infrastructure […]
Uber boss “optimistic” about London licence
The head of Uber in the UK says he’s “optimistic” that the firm will win back its licence in London when the case comes to court in September. Jamie Heywood, Uber’s general manager for the UK, Northern and Eastern Europe told the financial paper City AM, “I am optimistic. I think we need to continue to […]
TfL expands bike scheme
Transport for London is rolling out eight new docking stations and adding 1,700 more bikes to its hire network in response to an increase in demand. It says last month was the best May in London’s cycle hire scheme’s 10 year history, with 1,120,620 hires and also had the highest weekly and weekend hires. It’s […]
TfL planning “one of world’s largest” car free zones
London’s mayor is planning to ban cars from a significant amount the centre of the capital to encourage walking and cycling. ITV News reports Sadiq Khan is considering making streets from London Bridge to Shoreditch, Euston to Waterloo and Old Street to Holborn limited to buses, pedestrians and cyclists to help encourage safe and sustainable […]
TfL bailout “always going to happen”
Transport for London’s financial woes existed long before the Coronavirus crisis and all that did was speed up the need for a bailout, according to a London Mayoral candidate Conservative Sean Bailey told London financial newspaper City AM’s daily podcast that “TfL was bankrupt, virtually, before Covid and I think it’s really important that we […]