Transport for London (TfL) has confirmed the Mayor is contemplating the creation of a new ring road beneath the capital in order to tackle congestion. The conceptual inner orbital tunnel would provide a 22 mile route under the capital’s streets and could cost around £30bn to create. It has been proposed after the Mayor’s independent Roads Task Force recommended looking at road tunnel projects in parts of the capital. Isabel Dedring, deputy mayor for transport, said TfL was “at the […]
Highways England’s (HE) programme for major improvements on the road network was overly optimistic and had to be substantially reduced from 112 schemes to 73, according to a review of the agency.
TfL is to launch a Freight Compliance Unit (FCU) this summer which will act as the central point for enforcement activity against HGVs in the capital.
Royal Mail began conditional trading on the London Stock Exchange this morning (11 October), with shares rising in value by over a third just an hour and a half into its listing.