News

Read about all the latest developments from the world of Volterra below. If you want to stay in touch with us sign up for our newsletter.

Logo

Report prepared by Volterra Partners for TfL and TFGM calls for transport funding reform

Transport for London and Transport for Greater Manchester recently commissioned Volterra to produce a report looking at long term investment in transport in cities. The report investigates how the current approach to evaluating and funding transport projects is likely to lead to ‘damaging underinvestment’ and calls for more devolved decision making capabilities for cities giving them more control over the planning and building of new transport infrastructure. The report highlights a mismatch between central government’s ambition to boost jobs growth and economic prosperity in cities and the current system used to prioritise transport investment and funding. Transport is crucial to a city’s potential that in turn drives the economic growth of the country. The report goes on to recommend a new focus on a transport project’s ability to create jobs and growth and how this will pay back any original investment. The report has been met with support by other city and transport leaders from Birmingham, Leeds and Sheffield. Read the full report here.
Northern Line Extension gets the green light

Northern Line Extension gets the green light

Volterra, led by Bridget Rosewell, advised on the case for Transport for London’s Northern Line Extension (NLE) to Nine Elms and Battersea. The project was given the go-ahead by the Secretary of State for Transport earlier this month. Bridget was responsible for providing the Economic and Business Case. Her analysis showed that the NLE has the potential to deliver economic benefits worth up to £7.9 billion to the UK Economy, including 25,000 new jobs and 16,000 new homes. Overall the project has a Benefit to Cost Ratio of over 8.1 – representing excellent value for money. Bridget was also called up as an expert witness to provide evidence at the NLE public enquiry last year.
Logo

Planning permission granted to new hotel development in Finsbury Square following Volterra Report

Permission was granted earlier this month for The Montcalm Hotel Group to convert the Royal London House in Finsbury Square to a 256 room hotel. Islington Council initially refused planning consent as they did not want to lose office space and stated that a hotel would compromise the economic function of the area. Volterra were brought on board to challenge this judgment and assess the potential benefits the hotel could bring to the local economy. Read more here.
Logo

Bridget puts QE ‘In the balance’

Volterra’s Bridget Rosewell was featured on BBC World Service’s In the Balance programme earlier this month in a programme where economics correspondent Andrew Walker led a discussion on whether or not Quantitative Easing has worked in the USA. Bridget talked of how she feels QE was essential in the first instance and greatly helped in stabilising the US economy, but warns of how it is an ‘addictive drug’ and the process of ‘getting off it’ will be difficult. Listen to the programme here, or download a podcast here.
HS2 Stoke Route – Better, cheaper, faster and greener

HS2 Stoke Route – Better, cheaper, faster and greener

Volterra has central role in developing the stunning business case for HS2 the Stoke Route – which was launched in Westminster on the 15th October. The Stoke Route has been developed by a partnership of top consultants commissioned by Council to make the case for an HS2 station between Birmingham and Manchester at in the city, the only major conurbation between Birmingham and Manchester.
Impact of the Night Tube on London’s Night Time Economy

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

The 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.
Paul Buchanan speaks at the RTPI 2014 Planning Convention

Paul Buchanan speaks at the RTPI 2014 Planning Convention

Paul's central argument is that economic growth is coming primarily from cities. We have been witnessing this trend for the last 50 years and it looks as if it will continue. The dominance of cities is increasing in population terms and even more so economically. The planning industry needs to be thinking about how they can accommodate such dramatic growth in our cities.
Logo

Bridget talks about North-East Growth on BBC Radio 4

Volterra's senior partner Bridget Rosewell was recently interviewed for Martin Wainwrights series on BBC Radio 4 'The Myth of the North'. The programme considered how the stereotype that life is 'grim' in the north of England is vastly outdated, focusing on the region's industry and culture in the 21st century. Bridget was interviewed in the final episode which focused on the manufacturing industry in the North East, drawing on Bridget's experience from her work with the North East Local Enterprise Partnership.
Logo

HS1-HS2 Camden Link

Volterra has recently completed a report assessing the options for the HS1-HS2 link for Camden Town Unlimited. We argued that the proposal to run a single surface level track through Camden was ‘an unconvincing compromise’: HS2 Ltd should either build a full twin track tunnel under Camden or build nothing at all. The proposal was a half measure which imposed significant costs with limited benefits. Our work reviewed costs, impacts during construction on local businesses, residents and road and rail users. Less than a week after our report was published, Sir David Higgins, the new chairman of HS2 Ltd, delivered his ‘HS2 Plus’ report with his visions for HS2. In this report, he describes the proposed HS1-HS2 Link as ‘an imperfect compromise’: perhaps a reference to our report! Read the HS2 Plus report here, and our report here

Contact Us

56-58 Putney High Street, London, SW15 1SF
Phone: 0208 878 6333
Email

Subscribe to our newsletter

Visit Us On TwitterVisit Us On Linkedin