Getting to grips with London's road traffic congestion
The London Assembly is investigating how the mayor and Transport for London can prevent clogged roads suffocating the capital
As the London Assembly transport committee investigates what Sadiq Khan and Transport for London (TfL) can do to reduce rising levels of road traffic congestion in London, bear in mind that the price of gridlock is not only paid in frustration and pollution. A TfL analysis (pdf) of vehicle delays on Greater London’s roads during 2014-15, published in May, estimated the financial cost of congestion by this measure to be an astonishing £5.5bn a year.
Let’s wrap some context around that. London’s economic output is reckoned by the Office for National Statistics to be about £364bn a year. The Centre for Economics and Business Research thinktank has put the cost of recent London Underground strikes at £10m each. Others think it’s higher, but even the Federation of Small Businesses’ huge figure of £300m per 24-hour stoppage is dwarfed by the cost of congestion.
Source: Guardian Transport
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