Author: Muriel Schmidt

What Is The Most Expensive Postcode In London?

Extraordinary prices in the city The SW7 postcode area, which includes Knightsbridge and South Kensington, has average house prices worth £2.1 million. This is 265% higher than London’s overall average asking price. What is the richest area of London? Chelsea tops the list but new entrants are likely in years to come, as the capital’s […]

Are Taxis Exempt From London Congestion Charge?

Taxis. Taxis (black cabs) are exempt from paying the Congestion Charge when actively licensed by Transport for London. A vehicle will be removed from the register of exempt vehicles on the surrender, expiry or revocation of the licence. Who is exempt from congestion charge in London? Since 25 October 2021, only zero-emission vehicles – such […]

How Many Red London Buses Are There?

As of 2022, London has 675 bus routes served by over 8,700 buses, almost all of which are operated by private companies under contract to (and regulated by) London Buses, part of the publicly-owned Transport for London. Are there only red buses in London? A red double-decker bus is one of the ultimate symbols of […]

Is Transport For London In Debt?

TfL’s debt stood at £13,070 million at the end of 2021. How much is Transport for London in debt? £7bn of debt. The rate of borrowing has since slowed, and as shown in TfL’s latest business plan it has not assumed any additional borrowing from 2022/23. Is TfL underfunded? Transport for London (TfL) has revealed […]