TfL funding crisis: Khan hits back after London minister tells mayor to ‘get real’ on Tube cuts December 8, 2021 Mayor Sadiq Khan tonight hit back at claims from the central Government that he needs to “get real” about Transport for London’s funding crisis as the clock ticks down. ” If TfL is forced to make significant cuts to services it will risk our city’s economic recovery,” Khan said. Minister for London Paul Scully earlier today [...]
All Hale: why this Tottenham area is a new residential superstar December 8, 2021 Tottenham Hale in North London’s borough of Haringey is part of one of the largest “opportunity areas” in the capital, receiving £1bn worth of new development and a £30m upgrade to Tottenham Hale station. “This is a really exciting time for Tottenham Hale,” says Tom Goodall, head of residential at property developer and investor Argent [...]
TfL funding crisis: Sadiq Khan forced to cut 500 Tube station jobs December 7, 2021 Sadiq Khan is set to make large job cuts at London Tube stations in a bid to save cash as Transport for London’s (TfL) funding crisis starts to bite. Between 500 and 600 jobs at Tube stations across London are set to be axed, with larger central London stations to absorb the largest cuts. City [...]
TfL: Khan hits out at Shapps for refusing to meet him as funding talks go down to wire December 6, 2021 City Hall and Whitehall have continued their row over urgent Transport for London (TfL) funding talks tonight, with each side blaming the other for slow progress. With just four days to go until TfL’s latest government bailout runs out, its fourth in the past 19 months, transport secretary Grant Shapps has still not met with [...]
High Court says ride-hailing gig models are unlawful December 6, 2021 The High Court Administrative Court has refused Uber’s application to declare its controversial gig-economy business model lawful in a ruling this morning
Exclusive: London MPs warn of DLR decline without new TfL funding deal December 5, 2021 The capital’s Docklands Light Railway (DLR) will be under serious threat of long-term decline without a sustainable funding deal for Transport for London (TfL), a group of London MPs have warned. The six MPs, all Labour members in East or South East London constituencies, wrote to transport secretary Grant Shapps today to say “some of [...]
London businesses and charities call on Rishi Sunak to provide long-term TfL funding December 5, 2021 More than 80 London business, universities and charities have written to Rishi Sunak to call on the chancellor to provide a long-term funding deal for Transport for London (TfL). Signatories to the letter – including the chiefs of Eurostar International, the ExCel Centre and London City Airport – called on Sunak to provide a funding [...]
No free New Year’s Eve tube journey for Londoners as TfL faces funding crisis December 2, 2021 Londoners will miss out on a free tube journey home on New Year’s Eve after the pandemic has taken a toll on Transport for London’s finances. While party goers have come to expect free travel on the network between 11.45pm and 4.30am, this year revellers will have to pay standard charges. The tradition of free [...]
City Hall Tories call for £12m TfL bonuses to be scrapped in wake of cash concerns December 2, 2021 Sadiq Khan should suspend £12m of planned bonuses to Transport for London (TfL) chiefs in the wake of concerns over the body’s financial position, according to the City Hall caucus of Conservatives. Susan Hall, the leader of the Tories in the London Assembly, said the mayor needs to “get a grip of [TfL’s] wasteful spending” [...]
Letters: Down the tube December 2, 2021 [Re: Entire tube line risks closure unless cash-strapped TfL gets funding, yesterday] As always an accurate report from CityA.M. But, unfortunately, even by Sadiq Khan’s proximity to the truth over the last five years’ this is a whopper of a lie from him. As business works hard to keep going through Covid and tube strikes, [...]