TfL’s pension scheme isn’t backing Britain – neither is anyone else Investing Transport for London has a £15bn pension pot, and just 0.5 per cent of it is invested in UK stocks. This stunning revelation was noted by William Wright, managing director of think tank New Financial, who said it was “the lowest I have seen in any comparable scheme”. TfL pension schemes’s UK equity allocation is [...]
A four-day week for tube drivers is a slap in the face for Londoners Opinion Christmas has come early for tube drivers, who will now work less for more pay. But the government will regret making a deal that proves that strikes work, says James Ford More money for less work. If you’re a trade union official, that is the holy grail you are pursuing on your members’ behalf in [...]
London Underground: Tube strikes loom as workers to vote on walk-outs Politics London Underground workers are being balloted on Tube strikes over pay and conditions amid a dispute with Transport for London (TfL). Members of the Transport Salaried Staffs Association (TSSA) in jobs including customer service and advising passengers in stations are being asked if they want to strike. The ballot closes on 18 October and also [...]
Congestion charge: Ocado leads push against ‘money making’ levy October 7, 2024 More than 40 UK businesses, including Ocado, the AA, and Openreach, have urged Sadiq Khan to scrap plans to extend the £15 daily congestion charge to electric vans. The businesses argue that this hugely unpopular congestion charge if continued, would severely impact those who have invested in greener fleets. Under Transport for London (TfL)’s current [...]
The Capitalist: The Lord Mayor’s (self-funded) clothes; Old Street Non-Roundabout slammed; Tories party; and Clegg gives advice September 19, 2024 A look into the Lord Mayor's wardrobe, Old Street's new "non-roundabout" and Nick Clegg dishes out some career tips in this week's diary.
Teenager arrested after major TfL cyberattack September 12, 2024 The NCA said a 17-year-old has been detained on suspicion of breaching the Computer Misuse Act in relation to the September attack.
Transport for London selects Global and JCDecaux to run ad estate September 10, 2024 Transport for London (TfL) has selected Global and JCDeacux to run its lucrative advertising estate, following a hotly-contested tendering process. Global continues its stint managing advertising sites on the Tube, London Overground, DLR, Tram and across the Elizabeth Line. JCDecaux, the French multinational ad corporation, will manage advertising at more than 4,700 bus shelters across [...]
Labour gives TfL go-ahead to build 350 new homes near Cockfosters tube station September 3, 2024 Some 350 new homes, 40 per cent affordable, will be built at Cockfosters tube station on the Northern end of the Piccadilly Line.
Crafty Londoners to create sign for renamed Overground line August 18, 2024 A textile version of a new London Overground sign will be created at public weaving sessions, Transport for London (TfL) has announced. Participants will work together to make a Weaver line roundel to be displayed at a station on the route for millions of passengers to see. Each of the six Overground lines will be [...]
TfL recouped just £638k dodged Tube fares after splashing out £14m on enforcement August 12, 2024 TfL spent around £14.2m on a "revenue enforcement team" for the London Underground, with a further £7.7m spent enforcing fares on bus services.