TfL have released a press release officially confirming a number of elements of their latest settlement and the spending review statement by the Chancellor today. This is a rare press release that is worth quoting in its entirety: Unprecedented 6 year capital & borrowing package for Transport for London secures long-term transport investment until the end of the decade; Secure capital funding of around a billion pounds a year, indexed linked, from 2015-2021; In addition guaranteed borrowing ...
TfL have announced that four firms have been shortlisted for the Crossrail Concession. The shortlisted firms are: Arriva Crossrail Limited Keolis/Go Ahead MTR Corporation (Crossrail) Limited National Express Group PLC FirstGroup, RATP and Stagecoach were eliminated from the process at this stage. Crossrail will be operated on the Concession model, similar to London Overground where it has proved highly successful. In a nutshell this means that TfL will set clear goals and objectives for the ...
New story alerts
Back us on Patreon
LR is built on community support. Just £1 a month helps us keep writing.Back us on Patreon
Join us for a pint! Our meetups are on the 2nd Thursday of every month.
Recent Active Articles
- NickBxn on Monday’s Friday Reads – 21 October 2019 (00:41, 22 October 2019)
- Greg Tingey on Hammersmith Bridge: The signs are not good. (15:43, 21 October 2019)
- quinlet on A Short History of Crossrail 2: Part 2 – Underlying factors (09:16, 21 October 2019)
- quinlet on Crossrail: The Western Approach? (09:14, 21 October 2019)
- James Bunting on Extending the Bakerloo: It’s Not About Transport (18:09, 19 October 2019)