London Assembly pleads for cash as TfL coffers run dry
The London Assembly is reported to be making a last-ditch effort for money by pleading with the Department for Transport to agree to a long-term funding deal for Transport for London. London’s financial paper City AM quotes Caroline Pidgeon, chair of the assembly’s transport committee, saying that without a long-term financial deal the public body […]
TfL passenger numbers grow
New data from Transport for London shows that Tube ridership has increased by more than 25% since early January, with bus ridership up by nearly 10%. New analysis of ridership data by TfL has revealed that, since working from home restrictions were lifted on 19 January 2022, the number of people using the Tube during […]
TfL introducing lower speed limits
Transport for London is cutting the speed limit on more than eight miles (13.77km) of roads as part of its commitment to complete 20mph speed limits on 130 miles of the TfL road network by 2024. It says it’ll bring in new, lower speed limits on five roads across London as part of its Vision […]
TfL loses record number of hire bikes
The number of TfL’s bike hire units being declared lost has reached a record number. The Evening Standard has seen Transport for London figures which show a total of 1,164 of the hire bikes, sponsored by Santander, were lost in the nine months to the end of last September – well up on the 934 […]
Motorists “to pay the price” of TfL’s funding hole
Motorists could end up paying to solve Transport for London’s funding crisis, which is expected to reach £1.4bn by 2024-2025. According to documents seen by London’s financial paper City AM, TfL expects to receive up to £300m per year from a series of policies London mayor Sadiq Khan is deciding upon, including the extension of […]
TfL streamlines executive team
London’s Transport Commissioner, Andy Byford has restructured the organisation’s executive team, designed to best meet the coming challenges and opportunities as London prepares for a new phase of recovery from the pandemic. In a statement, TfL says the new structure is designed to ensure it is in the “best possible shape to become an even […]
Think tank calls for change to London road pricing
The independent think tank and charity Centre for London is calling for the capital’s congestion charge to be scrapped and replaced by a “simpler, smarter and fairer system” of road user charging. “Traffic congestion is bad news for London’s businesses and for Londoners’ health, and despite welcome interventions to encourage drivers to travel by other […]
TfL’s CFO steps down
TfL’s Chief Finance Officer Simon Kilonback has made what’s being called “the difficult decision” to leave the organisation. Mr Kilonback’s been at TfL for 12 years where he started as Group Treasurer, later becoming Director of Corporate Finance and then CFO in 2017. TfL says he played a central role in bringing TfL to the […]
TfL increases Red Route fines
Transport for London is planning to increase the level of the penalty charge for road contraventions on its Red Routes from £130 to £160. It says drivers who don’t follow the rules put the safety of themselves and other road users at risk and cause disruption and delays on some of the capital’s busiest and […]
London’s Congestion Charge timings changed
Drivers in London will no longer have to pay for journeys after 6pm, but the daily price of £15 will remain, as will weekend charging, under changes announced by Transport for London. TfL introduced temporary changes to the Congestion Charge last year, as a condition of the May funding settlement, which included raising the charge from […]