TfL consulting on bus route cuts
Transport for London has responded to government demands for cost savings by outlining a “reshaping” of bus services in Inner London. TfL says that before the Coronavirus pandemic, it had made “huge strides” to improve its financial resilience, but that due to TfL’s reliance on passenger fares for the majority of its income, the effect […]
London’s trial of rental e-scooters extended to November
Transport for London and London Councils have extended the capital’s trial of rental e-scooters from 6 June until 20 November this year, which they say will allow the trial to build on what they believe are its successes and further explore how e-scooters could play a role in a sustainable transport network. London’s trial launched […]
Fixing London’s bridges and tunnels could cost £35 million
It’s being forecast that fixing London’s tunnels and bridges will cost Transport for London more than £35m by financial year 2024/2025. London’s financial newspaper City AM reports that documents prepared of the next TfL committee meeting showing the transport body has set aside £6.8m for interim and reactive safety measures during the coming financial year, […]
SWARCO provides solution to help keep London’s road users informed
SWARCO Traffic Ltd has completed work on a series of Variable Message Sign upgrades for Transport for London, as well as integrating its leading management and monitoring technologies. SWARCO has upgraded communications to all 134 TfL VMS across London to UTMC, as well as deployed its intelligent and modular MyCity platform, enabling TfL operators to update, manage […]
London buses turn purple to celebrate Platinum Jubilee
Eight buses with special commemorative wraps have gone into service across the capital as part of Transport for London’s celebrations to mark Her Majesty The Queen’s Platinum Jubilee. The platinum buses will be in operation on selected routes passing by some of the iconic central London locations associated with the Royal family including Kensington Palace […]
TfL “shelving” bridge anti-terror barrier work
Transport for London is reported to be abandoning plans to install permanent anti-terror barriers on bridges in central London because of their cost. London’s Evening Standard has seen TfL committee papers released ahead of a meeting this week that “several planned projects” will no longer go ahead in 2022/23 due to “the reduced funding available” […]
TfL’s debt rating downgraded
The credit ratings agency Moody’s has downgraded Transport for London’s debt, due to the “uncertainty” of its long-term funding. London’s financial paper City AM reports that Moody’s has announced it’s downgraded TfL’s long-term debt as a result of weaker economic growth and higher inflation delaying the service’s return to higher passenger numbers alongside a lack […]
London’s ULEZ sees greater compliance than expected
London’s Ultra Low Emissions Zone has seen smaller revenues than expected since its expansion, suggesting that more people are avoiding driving affected cars than was forecast. London’s financial paper City AM quotes a performance report which says TfL made only £16 million from ULEZ’s expansion to cover the North and South Circular Roads, where polluting […]
Uber gets 30 month licence in London
Uber has announced it has been granted a new 30 month licence in London. It has tweeted that Transport for London “rightly holds our industry to the highest regulatory and safety standards and we are pleased to have met their high bar.” In a separate tweet it added, “As we continue to serve London, we […]
Santander Cycles celebrates six record breaking months in a row, with the most February hires ever
Transport for London’s cycle hire scheme, Santander Cycles, has recorded the highest ever number of hires in the month of February with 750,000 hires made last month, an average of almost 27,000 per day. January was also a record month for the scheme, with 748,000 hires, or 24,000 per day. These records follow on from record months in September, October, November and December last year, as well as […]