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Transport for London

Waltham Forest to benefit as Mayor unveils £10bn investment programme to transform Londons transport network

12 October 2004

Waltham Forest is to benefit from better transport under a proposed £10 billion, five-year investment programme to give London a 21st century transport system, unveiled by Mayor of London Ken Livingstone today.

Speaking at City Hall, the Mayor said:

"This is a once-in-a-lifetime opportunity to reverse decades of under-investment in Waltham Forest and right across London. It marks an end to stop-start funding for London's transport. The programme will deliver real improvements in the services and capacity needed to keep passengers travelling in and through Waltham Forest on the move."

The main benefit for Waltham Forest included in TfL's 5-Year Investment Programme, subject to approval by the TfL Board, is:

In addition, the following improvements to Central and Victoria line and stations are planned to be delivered under the PPP:

The Mayor added:

"The last four years have seen huge improvements in Waltham Forest's bus services. This investment programme will build on this and deliver improvements right across the transport network.

"We have had to take hard choices. Even with the biggest transport investment programme London has seen since the Second World War, we cannot do everything we want to do this time round. But there have been no trade-offs between maintaining the existing system or launching new projects."

Work undertaken to improve transport in Waltham Forest by TfL over the past four years, benefiting all Londoners including those with disabilities and the socially excluded, includes:

In partnership with Waltham Forest, a range of schemes have or will shortly be implemented including:

  1. The Investment Programme will be formally approved by the board of TfL at a meeting on October 27th.
  2. Crossrail is not part of the Programme. TfL is progressing it as a joint partnership with government in expectation of a Hybrid Bill.
  3. Many of the projects listed are subject to further consultation or other statutory processes before they can be delivered, and may be delivered beyond the life of the Programme.
  4. Tube Lines are responsible for the maintenance and renewal of the Jubilee, Northern and Piccadilly lines;
  5. Metronet Rail BCV are responsible for the maintenance and renewal of the Bakerloo, Central, Victoria and Waterloo & City lines;
  6. Metronet Rail SSL are responsible for the maintenance and renewal of the Sub-Surface lines, the Circle, District, Hammersmith & City, Metropolitan and East London lines.
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