Tesla share price slides following fatal car crash April 19, 2021 Two people have died after a crash involving a Tesla in Texas, with authorities saying there was no-one in the driver’s seat. A Harris County constable told television stations in Houston that there was a person in the front passenger seat and another in a rear passenger seat after the crash in the Houston suburb [...]
London businesses demand return of the Night Tube amid delay until 2022 April 15, 2021 London businesses have demanded the resumption of the Night Tube after Transport for London (TfL) said earlier this week the service will not return until at least 2022. Andy Byford, the transport commissioner for London, said the capital’s struggling transport body lacked the resources to reinstate all-night Friday and Saturday services on the Victoria, Jubilee, Central, Northern, [...]
Exclusive: Covid-19 drives Londoners behind the wheel sooner than planned April 14, 2021 London dwellers are now more likely to buy a car sooner than planned than in any other region of the UK as a result of Covid-19. New figures from Close Brothers Motor Finance, shared exclusively with City A.M., show that over a fifth of Londoners – 21 per cent – are now more likely to [...]
Landsec collects two-thirds of rents in last quarter April 13, 2021 Property giant Landsec collected just two-thirds of the rent it was due as of the end of March due to continued disruption as a result of the pandemic. The FTSE 100 developer said that of the £110m it was owed by tenants as of 25 March, £33m was still outstanding five days after rent was [...]
Exclusive: Former TfL safety panel chief hammers rail watchdog over Croydon crash investigation April 13, 2021 A former Transport for London (TfL) board member has written to the boss of the UK’s rail accident investigation agency demanding that the body revise the conclusions of its report on 2016’s fatal Croydon tram crash. Michael Liebriech, who was the chair of TfL’s safety panel at the time of the crash, wrote that the [...]
TfL passenger numbers jump as retail and hospitality reopen April 12, 2021 Passenger numbers on Transport for London (TfL) services jumped this morning as people rushed to back to the capital’s shopping hotspots following the lifting of some lockdown restrictions. As of 10am this morning, there were around 670,000 taps in and out of Tube stations, about a third of pre-pandemic levels. TfL said that this was [...]
London mayor candidate: Labour voters will go Green over Starmer anger April 8, 2021 Traditional Labour voters will back the Green Party in upcoming London local elections to send a message to Sir Keir Starmer, according to Green candidate Sian Berry. Berry told City A.M. that “a lot of people are frustrated with the Labour party” under Starmer and that there is “a real chance to bring people over [...]
Rail firms boost service levels ahead of next stage of lockdown lifting April 8, 2021 Rail firms are cranking up their service levels in the build up to the next stage in the UK’s lifting of lockdown restrictions on 12 April. By next week, when retail and leisure facilities reopen, train franchises will be running 18,000 services a day, according to industry body the Rail Delivery Group (RDG). That’s more [...]
Labour accuses Boris Johnson of breaking ministerial code in Sadiq Khan row April 7, 2021 Labour has today accused Boris Johnson of breaking the ministerial code for using a Downing Street press conference to attack mayor of London Sadiq Khan. Deputy Labour leader Angela Rayner is accusing the Prime Minister of using government resources for party political campaigning, a breach of the code, after Johnson said at Monday’s press conference [...]
Boris Johnson and Sadiq Khan – the best of enemies April 7, 2021 Boris Johnson and Sadiq Khan are never happier than when they are publicly flogging each other. The mayor of London and his Tory predecessor have gotten into countless scraps over the past year, this week’s row over Transport for London’s (TfL) funding situation is just the latest. Johnson’s claims that he left TfL’s finances in [...]