Impact of the Night Tube on London’s Night Time Economy

Night TubeThe team at Volterra produced the figures which underpinned Transport for London and London First’s report on the impact of the Night Tube on the night time economy in London. The findings indicated that the Night Tube will support 1,965 permanent jobs in the night time economy, and that there could be time savings of up to an hour on some routes.

Unquantifiable benefits included:

  • Increased safety for taxi passengers due to a decrease in demand for illegal minicabs
  • Improved commuter journeys for shift workers
  • Potentially longer opening hours for the city’s attractions, including reduced congestion after major events
  • Improved accessibility to Heathrow in the early morning at weekends
  • Contribution towards a more vibrant night-time economy
  • Increased attractiveness of London for visitors, residents and businesses

The findings support the extended tube opening hours and the ability of London to retain its status as a major world destination.

Click to read the report

Click here for Transport for London’s full press release

 

Other news links

Financial Times

Evening Standard

The Guardian

BBC

Londonist

Essex Chronicle

 

Image: Piccadilly Circus by Rodrigo Galindez licensed under CC BY 2.0

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ELLIE EVANS

Partner

e: eevans@volterra.co.uk
t: +44 020 8878 6333

Ellie is a partner at Volterra, specialising in the economic impact of developments and proposals, and manages many of the company’s projects on economic impact, regeneration, transport and development.

With thirteen years experience at Volterra delivering high quality projects to clients across the public and private sector, Ellie has expertise in developing methods of estimating economic impact where complex issues exist with regards to deadweight, displacement and additionality.

Ellie has significant experience in estimating the economic impact across all types of property development including residential, leisure, office and mixed use schemes.

Project management of recent high profile schemes include the luxury hotel London Peninsula, Battersea Power Station and the Nova scheme at London Victoria. Ellie has also led studies across the country estimating the economic and regeneration impact of proposed transport investments, including studies on HS2 and Crossrail.

Ellie holds a degree in Mathematics and Economics from the University of Cambridge.