Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD Bank of England Statistics AD Investing.com Markets AD LSEG Data AD CME Group Education
FCA & Rules

London buses in decline? Why public transport in global cities is slowing to a crawl – visualised

As experts fear for future of UK capital’s bus network, some commuters are giving up entirely. London is not alone – with worrying implications for the poorest in society

Experts warn that slower buses risk driving passengers away: research cited by Transport for London (TfL) suggests a 10% fall in speed leads to a 6% drop in demand.

Passenger journeys in London have already fallen by more than 300m a year, or 16%, since 2013, despite the city’s population growing by almost a million people.

Continue reading...