Good news Londoners – Transport for London (TfL) is set to revamp 40% of the Tube network.
The Circle, District, Metropolitan and Hammersmith & City lines are set for “radical modernisation”. According to TfL, this would result in “faster and more frequent journeys for millions of customers”.
The revamp is also going to boost capacity on the lines by a third and provide up to 1,100 jobs and 60 apprenticeships.
The budget for the modernisation plan is estimated to be a whopping £5.41bn. According to TfL, for every £1 invested on this programme, Londoners will get £4.70 back in economic benefits.
Nick Brown, Managing Director of London Underground, said: “Having successfully modernised three of the most heavily used lines on our network, we are ready to begin work to bring the next four lines into the modern era. This will transform the journeys of millions of our customers, significantly increasing service reliability and frequency.
“We have a very clear delivery plan and timetable for the work and, as we have done with the modernisation of the Northern line, we will keep London moving and growing as we do it. In parallel, we will continue to deliver a better, more reliable service every day which builds on the work over recent years to reduce delays to their lowest ever level.”