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 [...]
O2 restores 3G and 4G services after Ericsson software issue led to day-long data outage for 32m customers December 7, 2018 O2's network has been fully restored after a data outage affecting up to 32m customers lasted the entirety of Thursday. Problems were first reported at around 5.30am yesterday, with O2 customers saying they could not use 3G or 4G data. The error also took down Giffgaff, Sky's mobile services, Lycamobile and Tesco Mobile, which all rely on [...]
TfL and Crossrail to pay £15m to Canary Wharf Group if Elizabeth Line station is not complete by 2021 December 6, 2018 Transport for London (TfL) and Crossrail could have to fork out £15m to the Canary Wharf Group if its new Elizabeth Line station is not complete by 2021, City A.M. can reveal. An email from outgoing Crossrail chief executive Simon Wright, seen by City A.M., reveals that TfL and Crossrail will have to pay the sum each year if the station [...]
Sadiq Khan slams Westminster Council for pulling out of £80m TfL Oxford Street redevelopment plans December 6, 2018 Sadiq Khan has slashed £80m of funding from Westminster City Council (WCC) for redeveloping Oxford Street, after finding out the council had ditched joint plans with Transport for London for the project in favour of its own £150m proposal. In a letter seen by City A.M., addressed to council leader Nickie Allen, the mayor of [...]
Sadiq Khan hits back at Terry Morgan over Crossrail comments December 3, 2018 Sadiq Khan has hit back at Crossrail chairman Terry Morgan over comments he made about what the mayor knew about the project’s delay. The soon-to-be-sacked Morgan told the BBC earlier today that he was in “absolutely no doubt” that Khan was told on 26 July that it was no longer feasible to deliver Crossrail, also known [...]
Rail regulator fines TfL and Balfour Beatty over £400,000 for injury of rail worker December 3, 2018 The rail regulator has fined London Underground and Balfour Beatty more than £400,000 for breaking health and safety laws that led to a worker suffering life-changing injuries. London Underground was fined £100,000 while construction giant Balfour Beatty was hit with a £333,000 fine. Both bodies pleaded guilty to breaking the laws, which resulted in worker [...]
Crossrail chairman Terry Morgan ‘in no doubt’ that Sadiq Khan was told about project delay in July December 3, 2018 The soon-to-be sacked HS2 chairman Terry Morgan has insisted he told Sadiq Khan that the £15.4bn Elizabeth Line was not going to open on time at least a month before the London mayor said he knew about the delay. Morgan, who has led the Crossrail project for a decade, told the BBC that he was in "absolutely no [...]
Focus On Acton: This once ‘unloved’ part of west London is transforming thanks to the imminent arrival of Crossrail November 30, 2018 For some places in London, the housing market is a complicated beast; riding high in some streets, but not in others; a tale of two postcodes; a slow-burning demographic change subtly altering the character of an area; the promise of new transport links. In Acton, it’s more straight-forward; it was once an unloved pocket of [...]
Rail fares will rise by 3.1 per cent in January despite timetable chaos hurting commuters November 30, 2018 Rail fares will rise by an average of 3.1 per cent in the new year, according to the Rail Delivery Group, hitting millions of commuters’ wallets. The increase means many passengers will pay around £100 more for their season tickets, despite a year in which travellers have suffered strikes, delays and timetable chaos on many [...]
Worst yet to come with Crossrail delay as TfL faces £400m 2021 revenue shortfall, warns Moody’s November 28, 2018 The delay to the launch of Crossrail will hit Transport for London (TfL) with a £400m funding shortfall in 2021, financial services giant Moody's has found. The £15.4bn Elizabeth Line was supposed to open this December but has been delayed until autumn next year because of issues around signalling testing. Moody's found that while TfL will manage [...]