Fifty London streets to go car-free this week for World Car Free day September 18, 2018 London motorists have been told to ditch their cars this Saturday as parts of London take part in World Car Free day. Around 50 streets will be off limits to cars, including Greenwich Town Centre and Bermondsey Street, to allow communities to enjoy the traffic-free day. Sadiq Khan and Transport for London (TfL) will be supporting London [...]
Transport for London steps up property ambitions after unveiling new partnership September 26, 2018 Transport for London (TfL) has unveiled plans for a new partnership with one of the capital’s affordable housing developers today, in a sign that the body is ramping up its move into the property market as it looks to pay off its near-£1bn debt pile. In a new joint venture with property developer Apartments [...]
Crossrail crisis escalates as TfL confirms up to £2bn cost overrun and possible delay to 2020 December 10, 2018 The crisis facing Crossrail deepened today after Transport for London (TfL) admitted that the delayed project could need an extra £2bn in rescue funding to stay afloat. The Elizabeth Line, which will stretch from Heathrow in the west to Abbey Wood in the east, was projected to cost £15.4bn and to open by 9 December [...]
TfL moves step closer to offering 4G mobile coverage on the Tube from 2019 with plans to roll it out to Elizabeth Line and Crossrail 2 October 18, 2018 Tube passengers should soon be able to read emails and check Twitter on the go, as Transport for London (TfL) has formally kicked off the procurement process to deliver 4G mobile coverage across the Underground. TfL is on track to introduce 4G coverage from next year, with plans to branch out further and incorporate the [...]
TfL to lose out on £10m in advertising from Elizabeth Line delay in further blow to finances September 23, 2018 Transport for London (TfL) is to lose a further £10m in advertising from the delay to the opening of Crossrail, City A.M. can reveal. The £15.4bn Elizabeth Line was due to open this December but has been delayed until next autumn because of safety concerns and delays to signalling testing. TfL was relying on the line – [...]
Crossrail faces handover to government if costs continue to rise October 7, 2018 The government could take over the reins of Crossrail from its fellow joint sponsor Transport for London (TfL) if a lid is not kept on the costs of the £15.4bn project. The Sunday Times first reported that in Crossrail's sponsor agreement, signed in 2008, there is a clause that entitles the Department for Transport (DfT) [...]
Government hands out £350m loan to keep delayed Crossrail project going October 26, 2018 The Government has rushed to the aid of the delayed Crossrail project with a £350m short-term loan to keep work on track. Transport for London (TfL) announced the loan on Friday, which it said was needed to continue construction work on the delayed Elizabeth line. In July the rail minister Jo Johnson announced that the [...]
The City View podcast, from City A.M., with Shaun Bailey May 11, 2020 In this episode Christian talks to the Conservative candidate for Mayor of London, Shaun Bailey. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Bailey launches a stinging criticism of the Mayor, Sadiq Khan, for “being too slow” in leading the capital’s response to the pandemic. He also warns the Mayor [...]
Sadiq Khan’s junk food advertising ban will hurt TfL and marketers, but fail to fight childhood obesity March 4, 2019 Last week, a divisive political leader brought an end to a scourge that threatened our everyday society. No, I’m not talking about Donald Trump, whose summit with Kim Jong-un unfortunately failed to achieve the denuclearisation of North Korea. I’m talking instead about London mayor Sadiq Khan, whose ban on junk food advertising on the Transport [...]
TfL to lose £200m from Crossrail delay next year November 14, 2018 The delay to Crossrail will cost Transport for London (TfL) nearly £200m in lost passenger fares and advertising revenue next year, the London Assembly has found. Cash-strapped TfL, which is facing a £1bn operational deficit this year, was relying on the £15.4bn Elizabeth Line to shore up its balance sheet. After months of assurances, the project [...]