TfL considers proposed route for Crossrail 2 February 5, 2013 TRANSPORT for London (TfL) yesterday backed calls for a new £12bn underground railway link to be built through the capital by the early 2030s, following the publication of a proposed route for the Crossrail 2 project. Business group London First unveiled its preferred route for the railway, which will run from south west London to [...]
The year in preview: Our in-depth guide January 5, 2014 City A.M.’s journalists take a wide-ranging look at what 2014 has in store for the world of finance and business BANKINGRestoring faith means costly overhaulsA CAUTIOUS optimism pervades the British and European banking system at the start of 2014. The incoming economic recovery is at last improving customers’ creditworthiness, while the hard work running down [...]
TfL hopes to push Overground onto key suburban rail routes November 28, 2012 TRANSPORT for London (TfL) remains optimistic that it will get the go-ahead to take control of key suburban rail routes early next year. Howard Smith, chief operating officer for TfL’s rail operations, told City A.M. that he is “hopeful of coming to some conclusions in the next few months” following discussions with the Department for [...]
TfL aims for Thames traffic February 24, 2013 The Mayor and Transport for London have set a target to double the number of passenger journeys on the Thames by 2020. TfL will today unveil its plan to encourage passenger traffic on the waterway with better piers, more cycle hire points near the river and improved information such as real-time arrival boards. TfL and [...]
Transport bosses invite buskers with the X Factor to auditions January 21, 2013 THE DIZZYING career arc of a reality TV music star often takes in a spot of busking along the way. But Transport for London has decided to turn the format on its head, inviting prospective London buskers to take part in a terrifying round of X Factor-style auditions to win a coveted spot serenading droves [...]
SIGNS OF LIFE AFTER SHOPPERS RETURN August 5, 2012 LONDON’S retailers were handed a welcome boost over the weekend as shoppers flocked back to stores, though figures released today show Britain’s high streets have seen their worst monthly sales in almost a year. Footfall picked up in the second half of last week and over the weekend, with the capital’s retailers reporting a leap [...]
London buses go contactless cards December 12, 2012 BUS passengers will from today be able to use contactless debit or credit cards to pay for journeys, as Transport for London begins its long-awaited rollout of the new payment method. Anyone with a contactless Visa, American Express or MasterCard should be able to tap the yellow Oyster pay point on the capital’s 8,500 buses, [...]
TfL to spend £3.8bn on road upgrade work December 4, 2012 TRANSPORT for London hopes to double spending on the capital’s roads over the next decade, it said yesterday in a 10-year business plan. A “roads task force” will set out priorities for the £3.8bn funding pot in the spring, Mayor of London Boris Johnson said yesterday. Safety for cyclists will feature prominently in the plans, [...]
Full steam ahead: Old train chugs to Moorgate January 13, 2013 ANYONE unlucky enough to be travelling into the City yesterday morning may have noticed two loveable old relics at Moorgate tube station, an old steam train and London Mayor Boris Johnson. The 9.54am from Kensington Olympia to Moorgate huffed and puffed through the City as part of the celebrations to mark 150 years since the [...]
Delays hit key rail routes as fares balloon January 2, 2013 DELAYS and cancellations as well as above-inflation fare hikes greeted commuters returning to work after the festive break yesterday. As the price of a season ticket rose 4.2 per cent and the average fare increased by 3.9 per cent, some rail firms struggled to stay on track. First Great Western passengers endured the ongoing effects [...]