Commuter chaos: Black cabs hold up Tottenham Court Road during rush hour for a third day January 23, 2019 Black cab drivers have launched a third day of protests during London's evening rush hour, gathering on Tottenham Court Road and halting traffic. The week-long demonstration, organised by the Independent Taxi Alliance (ITA), is in protest over plans to restrict access to the route as part of a £35m transformation project. The blockade is scheduled to [...]
Northern Line suspension: Delays hit five major Tube lines at rush hour September 4, 2019 The Northern Line is now running with minor delays after a day of frustration for commuters, as TfL warned of evening rush hour disruption across five major Tube lines. Transport for London (TfL) told passengers that the Northern Line service has mostly recovered from signalling failures that left the line suspended for much of today. [...]
Tube delays: Northern Line running with severe delays after faulty train November 1, 2018 Severe delays have hit the Northern Line this morning, spelling a difficult journey in for commuters. Services between Morden and Camden Town on the Northern Line’s Bank branch are subject to the delays after an earlier faulty train at Balham. A good service is running on the rest of the line, Transport for London said. [...]
TfL delays investment to ‘future years’ as debt climbs to £11bn May 22, 2019 Transport for London (TfL) delayed nearly half a billion pounds in capital spending during its latest financial year, while its debts climbed past £11bn. Borrowing, which is one of TfL's core funding streams, increased by £728m over the year to a total of £11.2bn, according to TfL board papers filed today. Last year a London [...]
London drives increase in number of new UK startups January 14, 2019 London entrepreneurs defied political and economic gloom last year with a jump in the number of registered startups. More than 216,000 new businesses were registered in the greater London area last year, a 6.45 per cent increase on 2017. Across the UK as a whole, the number of new companies registered last year rose by [...]
With Crossrail at a standstill, what other London transport projects have been put on hold? April 24, 2019 Last year was a particularly trying year for transport. The botched May timetable change caused widespread disruption across the country, prompting infuriated passengers to lodge 1m claims against train operator Govia Thameslink alone. While the headline that sticks in the memory is the delayed opening of the £17.6bn Elizabeth Line, there are a number of projects [...]
AI is coming for you: One in three City of London jobs at risk from automation March 25, 2019 More than one in three jobs in the City of London are under threat from automation, a study has found. The Office for National Statistics identified around 710,000 jobs in the Square Mile which they said were at risk from new automated technology. However, the figures make the City one of the top four safest [...]
British startups hit by funding drop last year as fintech bucks the trend February 5, 2019 The amount of money pumped into Britain’s startups slipped in 2018, but fintech and blockchain investment provided a silver lining. Funding into the UK’s young companies dropped from 2017’s record high of £8.6bn to £7bn last year, according to data published today by Beauhurst. Deals at seed stage fell 15 per cent to almost the [...]
Improving London’s travel network could improve mental health – your commute doesn’t have to be stressful April 17, 2019 Travelling can be one of the most enjoyable experiences. It can also be one of the most stress-inducing. Londoners know this more than anyone. Almost one third of commuters who arrive into London’s railway stations in the morning peak are standing, and nine out of 10 of the UK’s busiest train stations are located in [...]
Sadiq Khan launches extension to CS6 cycle route between Farringdon and King’s Cross September 20, 2018 London mayor Sadiq Khan has opened a major new extension to cycle superhighway 6 (CS6) this morning that connects cyclists from Elephant and Castle to north London through the heart of the city. Transport for London (TfL) and Islington and Camden councils have extended the CS6 between Farringdon and King’s Cross, passing through Blackfriars station. [...]