Tight cost control and improving passenger revenues have seen Transport for London (TfL) receive a vote of confidence from Moody’s debt ratings agency.When TfL borrows money by issuing debt, the ratings agencies give it a quality score, which affects the amount it has to pay in interest payments. The higher the quality score, the lower the cost of servicing the debt.
The ratings agencies periodically report on company debts.
Moody’s, one of the big three agencies, has upgraded TfL&rs
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TfL’s debt ratings upgraded by Moody’s citing tight cost controls and increased income
via ianvisits.co.uk
-
The London Buzz – 15th July 2024
via ianvisits.co.uk
Today’s round-up of what’s happening in London:
Sadiq Khan must take “urgent and bolder action” to slash carbon emissions, cut car use and speed up buses in the capital, environmental campaigners have warned. Standard
The leader of Barking & Dagenham Council is to step down in September after more than ten years at the head of the east London borough. OnLondon
The annual cost of a garden waste collection service in Hammersmith and Fulham is to be £25 more expen -
Frameless relaunches one of its galleries with new animated paintings
via ianvisits.co.uk
Frameless, the Marble Arch venue that fills large rooms with animated interpretations of masterpiece paintings has revamped one of its four main galleries.The biggest change to the experience since its launch in 2022 will see new masterpieces reimagined; bringing together art, music and animation with five new artworks from artists including Hokusai and Van Gogh, alongside seven existing masterpieces which have been reimagined.Embedded in popular culture and known the world over, the small but i -
Hammersmith’s flyover could be buried in a tunnel
via ianvisits.co.uk
The Hammersmith flyover could be buried in a tunnel if plans by Hammersmith and Fulham council come to fruition.Computer generated image of Hammersmith town centre (c) H&F Council
The flyover, built in the 1960s, forms a pretty ugly dark barrier south of Hammersmith town centre. The gyratory and unwelcoming road layout, all legacies of 1960s thinking, make it worse at street level.
There has been talk about doing something to improve Hammersmith town centre by burying the flyover in a tunnel -
TfL adds 900 e-bikes to the cycle hire network
via ianvisits.co.uk
The TfL cycle hire scheme has increased the number of e-bikes available, adding 900 new bikes to the network. This is the first batch of an expansion plan that will take TfL’s e-bike fleet to 2,000 bikes by the end of summer 2024.Since their introduction in 2022, the existing e-bike fleet has been hired out for over a million times, and the bikes are currently being hired at around twice the rate of a classic bike.
The e-bikes are available to registered users, for a fare of £3.30 pe -
London’s Alleys: Midford Place, W1
via ianvisits.co.uk
This small slip of a side passage off busy Tottenham Court Road is one of the few surviving passages from when this area was first built.The alley appeared as a short passage lined with houses in the late 1700s, when the area was still being turned from fields into homes.
R Horwood map 1799
The area was almost as quickly redeveloped, with many of the small homes being demolished and replaced with larger warehouses and shops.
OS Map 1893
Goad’s insurance maps from 1889 shows Midford Place s -
Video shows people risking their lives at railway crossings
via ianvisits.co.uk
Network Rail has released a video of dangerously close near misses on the railway when people brazenly ignore the stop signs at level crossings.
(c) Network Rail
Although near misses on level crossings are declining, they are still a serious problem. Last year, there were 466 incidents of level crossing misuse and 28 near misses at level crossings across Network Rail’s Wessex route and 258 incidents of misuse and 33 near misses at level crossings across the Kent route.
The video is being r
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