Crossrail’s coming: Iconic London roundels unveiled on Elizabeth Line stations including Farringdon and Tottenham Court Road January 22, 2018 After providing an updated Tube map featuring the Elizabeth Line last month, Transport for London (TfL) has now revealed the first batch of its iconic roundels are in place for the new railway. Now 110 years since the installation of the first roundel sign at St James’s Park Underground station, the latest iteration has begun [...]
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 [...]
Crossrail bosses hope to give estimate for new opening date ‘by April’ February 25, 2019 London mayor Sadiq Khan has said there is no date that Crossrail chief executive Mark Wild can give "with confidence" for when the delayed railway will open, but that he hopes to give an estimate by the end of this financial quarter. The £17.6bn Elizabeth Line, which will stretch from Shenfield in the east to Reading in the [...]
The £14.8bn Crossrail project faces “increasing cost and schedule pressures” ahead of planned Elizabeth Line launch January 24, 2018 London’s transport commissioner has said the £14.8bn Crossrail project is facing “increasing cost and schedule pressures” with deadlines looming for the new railway, which is planned to open in stages from December. Among board papers published today, a report from Transport for London's commissioner Mike Brown said: Overall the Crossrail project, which is now 90 [...]
Sadiq Khan moots City Hall move to save £55m June 24, 2020 London Mayor Sadiq Khan has proposed moving the headquarters of the Greater London Assembly from City Hall in a bid to save £55m in the aftermath of the coronavirus crisis. Khan today announced a consultation on plans to move from the Norman Foster-designed building near Tower Bridge to the Crystal Building in the Royal Docks. [...]
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 urged to be ‘open’ with Londoners about Northern Line extension delay February 5, 2019 Transport for London (TfL) has been told to be "open" with Londoners about the reasons behind the Northern Line extension delay after boss Mike Brown said a revised opening date would have "no material impact" on its revenues. The extension, which will lengthen the Northern Line to Battersea and create 25,000 new jobs and 20,000 new homes, was scheduled to open next [...]
Exclusive: Aberdeen Standard backs controversial £1bn bid for Crossrail fleet December 17, 2018 Aberdeen Standard Investments (ASI) is backing a controversial £971m bid to acquire a fleet of 70 Elizabeth Line trains from Transport for London (TfL), City A.M. can reveal. The asset management giant is stumping up £147m in equity investment to Rock Rail, a rolling stock infrastructure company that finances new trains, with funding proposed from [...]
The £14.8bn Crossrail project faces “increasing cost and schedule pressures” ahead of Elizabeth Line opening from December 2018 January 24, 2018 London’s transport commissioner has said the £14.8bn Crossrail project is facing “increasing cost and schedule pressures” with deadlines looming for the new railway, which is planned to open in stages from December. Among board papers published today, a report from Transport for London’s commissioner Mike Brown said: Overall the Crossrail project, which is now 90 [...]
Sadiq Khan blasts government for ‘forcing London to pay twice’ for Crossrail delay December 11, 2018 Transport for London (TfL) has admitted its fare income will be £2.1bn lower than expected as it battles a "perfect storm" of pressures on its finances. In its business plan for 2019-20 to 2023-24, TfL said a “subdued” economy and a £700m reduction in central government funding for challenges facing the organisation. It said fare revenue [...]