The capital’s Cycle Hire users are predicted to pay a further £4-6m per year following the recent increase in access fees. Earlier this month Mayor Boris Johnson announced hire and membership fees would double as part of his latest fares increase. The cost of 24 hour access will increase from £1 to £2, a weekly […]
Search Results for: cycle hire
Cycle Hire: Over 60% of late fees refunded
TfL has cancelled and refunded more than half the late return fees levied on users of London’s Cycle Hire scheme.
TfL: We don’t know when Boris’s Cycle Hire scheme will be self-funding
TfL says it is unable to predict when Mayor Johnson’s flagship Cycle Hire scheme will become self-funding.
Cycle Hire funding: TfL says “nothing” yet received from Westfield
MayorWatch reader Lawrence Weetman has forwarded me Transport for London’s response to an FOI request he made about the cycle hire scheme’s funding. The response, dated March 23rd, contains what seems to be a significant new piece of information, namely that “nothing has been received to date” from Westfield for the scheme’s expansion to its […]
TfL: Londoners have no right to know how much cycle hire funding boroughs provide
Transport for London says informing Londoners how much funding it wants their local boroughs to provide towards the cycle hire scheme would “prejudice TfL’s commercial interests.” In February we revealed that the scheme’s £40m eastwards expansion was being partly funded by Tower Hamlets council and that boroughs within the westwards expansion have been told the […]
