£1bn Northern Line extension under threat as TfL fails to reach a deal with Battersea developers September 28, 2017 A critical part of Transport for London's (TfL) £1bn extension to the Northern Line may remain mothballed until it can resolve a dispute over financing with Battersea Power Station's developers, one of its chiefs said today. Stuart Harvey, TfL's major projects director, told the London Assembly's budget and performance committee that keeping Battersea Station closed [...]
From Red Flag Laws to the Uber ban, transport has always been a battle of innovation vs. precaution | City A.M. September 26, 2017 Last Friday, Transport for London (TfL) informed Uber that it would not be issued a private hire operator licence after its current licence expires on 30 September 2017. Only a few days before, Taxify, the Didi-backed car-booking app that is seeking to rival Uber, had been forced to halt operations in London for breaking rules [...]
Uber challenger Via has been waiting months for a licence from Transport for London and is raring to launch September 25, 2017 A startup taking on Uber in London has spoken of “frustrating delays” in its efforts to get permission to operate in the capital after months of waiting and no sign yet of getting the green light. Via is the latest ride hailing startup to add its voice to concerns over the lack of engagement from [...]
Deliveroo set to become unicorn with $385m investment September 23, 2017 Deliveroo has secured $385m (£285.3m) in new funding from two US firms. Stateside investors Fidelity and T. Rowe Price have agreed to put money into the UK-based start-up as part of a deal which values the company at over $2bn (£1.48bn), according to Sky News. The investment means rumours of a Deliveroo IPO are likely [...]
How Uber’s CEO responded to losing its London license September 23, 2017 Uber’s new chief executive has said the company needs to be self-reflective in response to the news that the ride-hailing app’s London licence will not be renewed come October. Dara Khosrowshahi, who took up the position just last month, said in an email to colleagues that “there is a high cost to a bad reputation” [...]
Transport for London has ruled Uber will not be allowed to operate in London from 30 September September 22, 2017 Transport for London has today informed Uber that it will not be issued with a private hire operator licence. The ride-hailing app will not be issued a new licence when its current one expires on 30 September. TfL said it has concluded that “Uber London Limited is not fit and proper to hold a private [...]
Piccadilly Line’s Night Tube service troubles could continue until end of the year as unions point to driver shortage September 19, 2017 Night Tube services on the Piccadilly Line are being derailed by fewer trains being run than scheduled, leading Transport for London (TfL) to draw up an amended schedule in an effort to minimise disruption. New figures obtained by City A.M. reveal that since July, the line has been running considerably fewer trains than scheduled, which [...]
The cost of Uber’s licence to operate in London has quietly been increased by Transport for London September 18, 2017 Uber's cost of operating in London is set to rise even further after the transport regulator pushed forward with new plans that are set to add nearly £1m to its bill. Transport for London is now planning to charge a maximum fee of £2.9m for the largest mincab firms to operate in the capital, it [...]
Transport for London pledges no compulsory redundancies in London Overground overhaul of ticket offices as strike threat looms | City A.M. September 18, 2017 Transport for London (TfL) and Arriva Rail London (ARL) said today that “there will not be a need for compulsory redundancies” in plans to overhaul the London Overground, as unions warned ticket office closures could lead to industrial action. ARL will begin meeting with staff and unions to discuss proposals to improve customer service, including [...]
Transport for London quietly increased the cost of Uber’s licence to operate in the capital September 18, 2017 Uber’s cost of operating in London is set to rise even further after the transport regulator pushed forward with new plans that are set to add nearly £1m to its bill. Transport for London is now planning to charge a maximum fee of £2.9m for the largest mincab firms to operate in the capital, it [...]