When asked about London buses going cash free from today Dave Hobday, Managing Director of Worldpay UK, the country's leading payment processing company has said the move is part of a wider shift.
We're on the cusp of a seismic shift in shopper behaviour, and predict that everyone from farmers markets to buskers will go cashless.
Contactless kills queues and means businesses never lose a sale during peak times.
Ten years ago around 25% of journeys were paid for with cash, but now it's less than 1% .
In the last month over 44,000 bus passengers a day have used the 'One More Journey' feature introduced to ease the transition of buses going cash free.
It allows users to make one more journey should they not have enough credit on their Oyster card or if their travel card or pass has just expired.
Of those passengers, over 80% have topped up before making a further journey. As a result of this, cash fares dropped and so were only used for 0.7% cent of all journeys on London buses.
Transport for London will save £24m a year by stopping taking cash on buses. They have said the money will be re-invested to further improve London's transport network
As of tomorrow morning buses in the capital will no longer accept cash to pay for fares.Read the full story ›
St James Street in Piccadilly has been closed due to what is thought to be a lorry fire.
Transport for London has tweeted an update urging drivers to use alternative routes.
A4 Piccadilly (eastbound) at the j/w St James's Street - Road closed due to a fire. Please use another route. http://t.co/uk5v0eJV3s
BBC journalist Nick Eardley tweeted that the fire appeared to have spread to the lorry after starting underground.
One more update on Piccadilly. Fire appears to have started under the pavement and spread to vehicle. Again, no suggestion of explosion.
You might want to think twice before travelling home on any of these routes.Read the full story ›
We're not surprised that our customers have responded to the survey in this way as we too were frustrated by the problems that hampered services over the winter.
Other low marks for the value for money of tickets in the South East were scored by:
- Abellio Greater Anglia, 35%
- South West Trains, 37%
- First Capital Connect, 38%
- Southern, 39%
Source: Passenger Focus
Commuters on busy southern England rail routes are the unhappiest with the quality and cost of their journeys. A national survey of 27,000 train customers revealed only 30% of travellers with the Southeastern train company considered the price of their ticket was good or satisfactory.
Cars crawl through central London at the slowest rush-hour rate in the country.Read the full story ›